MicroStrategy’s Bitcoin acquisition announced on October 12, 2026, added 250 BTC to its holdings, taking the total to 848,250 BTC. The purchase cost $21.5 million and marked a second consecutive weekly decline in buying, according to Cointelegraph.
Key takeaways
- The latest purchase brought Bitcoin holdings to 848,250 BTC.
- Common-stock sales supplied $21 million of the purchase funding.
- The company maintained a $4.88 billion reserve for dividends and debt interest.
Coinfomania reported that Michael Saylor publicized the purchase in a tweet that attracted more than 6,795 likes. Cointelegraph’s more detailed account placed the purchases in the preceding week, with the announcement published on October 12, 2026.
MicroStrategy’s Bitcoin acquisition and funding
The company bought the additional Bitcoin for $21.5 million, using stock-sale proceeds and existing cash. Cointelegraph, citing an announcement on Strategy’s website, reported that common-stock sales provided $21 million, while cash covered the remaining $500,000.
CoinGape also reported the 250-Bitcoin purchase. The acquisition expanded holdings even as the amount bought declined for a second consecutive week.
Institutional investment beyond the purchase headline
The report suggested that MicroStrategy’s Bitcoin acquisition could encourage other institutions to add Bitcoin to their holdings. That was a potential consequence described in the report, rather than an announcement of purchases by other institutions.
The social-media response was measurable: Saylor’s tweet received more than 6,795 likes. The report also described mixed momentum across the broader cryptocurrency market.
Bitcoin treasury strategy and cash reserves
MicroStrategy uses Bitcoin as part of its treasury strategy. Alongside its Bitcoin holdings, the company maintained a $4.88 billion US Reserve designated for preferred-stock dividends and debt interest payments, Cointelegraph reported.
Separately, its USD Cash balance totaled $640.5 million as of Sunday. Those figures provide a more detailed breakdown than the primary report’s description of approximately $5.5 billion in USD assets.
The company also spent $192.4 million repurchasing STRC preferred shares during the week, compared with $176.3 million in the previous week, according to Cointelegraph.
Market reaction and further institutional announcements
The report identified follow-up announcements from MicroStrategy and other institutions as potential influences on Bitcoin’s price. It also suggested that accumulation by large wallets can contribute to short-term volatility and price adjustments.
For the company’s shares, Cointelegraph cited Yahoo Finance figures showing MSTR up less than 1% before Monday’s market opening. STRC preferred shares were poised to open at $99.68.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.