Bitcoin treasury
848,000 BTC as of October 4, 2026, with a $63.97B cost basis (average $75,441 per BTC).
The numbers
What it is
The company's reserve asset strategy. It buys bitcoin with proceeds from common and preferred sales and holds it as the main treasury reserve. Holdings and cost basis are reported in 8-K updates and quarterly results, and bitcoin's market price drives reported unrealized gains and losses.
Why it matters to the stock. Holdings are the backing for the equity and preferred structure, and the gap between market value and average cost is what traders watch when judging mNAV and the company's ability to keep paying preferred dividends.
News
Strategy buys 250 BTC for $21.5M and repurchases $192.4M of STRC, holdings 848,250
Strategy said on October 12 that it bought 250 bitcoin at an average of $86,194 for the period October 5 to 11, lifting holdings to 848,250 BTC.
Strategy holds 848,000 BTC after buying 334 BTC for $28.7M in Oct 1-4
An 8-K filed October 5, 2026 shows Strategy bought 334 bitcoin for $28.7 million between October 1 and 4, lifting holdings to 848,000 BTC, after no purchases on September 28 to 30.
Strategy 8-K: 1,665 BTC bought for $142.7M, holdings 847,666; STRC buybacks of $151.7M
Strategy's 8-K filed September 28 covers September 21 to 27.
Strategy buys 950 BTC for $75.7M in week to Sept 20 as STRC buybacks continue
An 8-K filed September 21, 2026 reports Strategy bought 950 bitcoin for $75.7 million at an average of $79,670 in the week of September 14 to 20, paid with USD Cash.
Strategy sells 1,690 BTC for $108.6M in week to Aug 9, holdings fall to 840,447
An 8-K filed August 10, 2026 reports that Strategy sold 1,690 bitcoin from August 3 to August 9 at an average net price of $64,262, for $108.6 million, and used the cash to repurchase STRC shares.
Strategy Q2 2026 net loss of $8.22B, or $24.45 a share, on $122.4M revenue
Strategy reported second-quarter 2026 revenue of $122.4 million, up 6.9% from a year earlier, but a net loss of $8.22 billion, or $24.45 per diluted share.
Strategy repurchases 288,930 STRC shares for $25.0M; no bitcoin bought in week to July 26
An 8-K filed July 27, 2026 covers July 20 to July 26 and reports no bitcoin purchases or sales, with the holdings unchanged at 843,775 BTC.
Strategy makes no bitcoin purchases in week to July 12 and reports USD Reserve of $3.0B
An 8-K filed July 13, 2026 covering July 6 to July 12 shows no bitcoin buys or sales and no STRC shares sold through the ATM.
Strategy buys 520 bitcoin for $34.9M; USD Reserve reaches $1.4B
Strategy's 8-K dated June 22, 2026 reports 520 BTC bought between June 15 and June 21 for $34.9M, an average of $67,068, funded by ATM sales.
Strategy buys 1,587 bitcoin for $100M as MSTR ATM raises $209M
Strategy's 8-K dated June 15, 2026 reports 1,587 BTC bought between June 8 and June 14 for $100.0M, an average of $63,024, funded by ATM sales of common stock.
Strategy buys 1,550 bitcoin for $101.3M, restarting purchases after June 1 sale
Strategy's 8-K dated June 8, 2026 reports 1,550 BTC bought between June 1 and June 7 for $101.3M, an average of $65,332, funded by ATM share sales.
Strategy sells 32 bitcoin for $2.5M, first sale since 2022, to fund preferred dividends
Strategy disclosed on June 1, 2026 that it sold 32 BTC between May 26 and May 31 at an average of $77,135, about $2.5M in total.
Strategy retires $1.5B of 2029 convertible notes for about $1.38B cash
Strategy repurchased and canceled $1.50B of principal of its 0% convertible notes due 2029, paying about $1.38B in cash, roughly an 8% discount to par.
Strategy Q1 2026 loss of $12.54B on $124.3M revenue; $14.46B digital-asset markdown
Strategy reported first-quarter 2026 revenue of $124.3M, up 11.9% from $111.1M a year earlier.
Strategy buys 34,164 bitcoin for $2.54B in April 13-19 period
Strategy's 8-K dated April 20, 2026 reports 34,164 BTC bought between April 13 and April 19 for $2.54B, an average of $74,395 per coin.
Strategy adds 13,927 bitcoin for about $1 billion, funded by STRC sales
Strategy bought about 13,927 BTC in the week before April 13, 2026 for roughly $1 billion, an average of about $71,902 per coin.
Strategy buys 4,871 bitcoin for $329.9M in first week of April
Strategy's 8-K dated April 6, 2026 reports 4,871 BTC bought between April 1 and April 5 at an average price of $67,718, for $329.9M.
Strategy buys no bitcoin in week to Mar 29 and sells no ATM shares
Strategy's 8-K dated March 30, 2026 said it did not buy any bitcoin between March 23 and 29 and sold no shares under its at-the-market program.
Strategy adds 1,031 BTC in week to Mar 22; holdings 762,099
Strategy's 8-K dated March 23, 2026 reported 1,031 bitcoin bought between March 16 and 22 for $76.6 million, at an average of $74,326.
Strategy buys 22,337 BTC for $1.57B in week to Mar 15; holdings 761,068
Strategy's 8-K dated March 16, 2026 reported 22,337 bitcoin bought between March 9 and 15 for $1.57 billion, at an average of $70,194.
Strategy adds 3,015 BTC for $204.1M; holdings 720,737 as of Mar 1
Strategy's 8-K dated March 2, 2026 reported 3,015 bitcoin bought between February 23 and March 1 for $204.1 million, at an average of $67,700.
Strategy adds 592 BTC at $67,286 in week to Feb 22; holdings 717,722
Strategy's 8-K dated February 23, 2026 reported 592 bitcoin bought between February 17 and 22 for $39.8 million, at an average of $67,286.
Strategy adds 1,142 BTC in week to Feb 8; holdings 714,644
Strategy's 8-K dated February 9, 2026 reported 1,142 bitcoin bought between February 2 and 8 for $90.0 million, at an average of $78,815.
Strategy posts $12.4B Q4 2025 net loss as bitcoin falls; FY2025 revenue $477.2M
Strategy's fourth-quarter 2025 release, dated February 5, 2026, reported a net loss of $12.4 billion, or $42.93 per diluted share, driven by the drop in bitcoin's fair value.
Strategy buys 855 BTC in week to Feb 1; holdings 713,502 BTC
Strategy's 8-K dated February 2, 2026 reported 855 bitcoin bought between January 26 and February 1 for $75.3 million, at an average of $87,974.
Strategy adds 2,932 BTC for $264.1M; holdings reach 712,647
Strategy's 8-K dated January 26, 2026 covered purchases from January 20 to 25, when it bought 2,932 bitcoin for $264.1 million at an average of $90,061.
Strategy adds 22,305 BTC for $2.1B in week to Jan 19; holdings 709,715
Strategy's 8-K dated January 20, 2026 showed it bought 22,305 bitcoin between January 12 and 19 for about $2.13 billion, at an average of $95,284.
Strategy buys 13,627 BTC for $1.25B in week of Jan 5-11
Strategy's 8-K dated January 12, 2026 reported it bought 13,627 bitcoin between January 5 and 11 for about $1.25 billion, at an average of $91,519 a coin.
Strategy 8-K: 673,783 BTC held after 1,283 BTC bought Jan 1-4
Strategy's 8-K dated January 5, 2026 reported 673,783 bitcoin held as of January 4, 2026, up from 672,500 at the end of 2025.