Strategy Pauses Bitcoin Buys, Spends $205 Million on Preferred Stock Repurchase

Strategy halted bitcoin purchases for the week of October 19-25 while repurchasing $204.9 million of preferred stock. The company continues to hold 848,517 BTC acquired at an average price of $75,446, maintaining a $4.83 billion cash reserve. Preferred stock STRC trades near its $100 face value, and buybacks reduce preferred claims, improving net bitcoin per share.