Strategy sold MSTR shares for $164 million in net proceeds and bought 811 bitcoin

On November 2, 2026, Strategy announced that between October 26, 2026 and November 1, 2026, it sold 1,178,552 shares of its Class A common stock, MSTR, under its at-the-market offering program. Net proceeds, after sales commissions, were $164 million. The share count includes shares sold but not yet settled as of October 30, 2026.

Of the $164 million, $65.5 million funded bitcoin purchases and $98.5 million was allocated to USD Cash. Strategy bought 811 bitcoin in the period for $65.5 million, at an average price of $80,846, inclusive of fees and expenses. As of November 1, 2026, Strategy held 849,327 bitcoin, at an average purchase price of $75,451, inclusive of fees and expenses.

Strategy also repurchased 2,092,035 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for $208.2 million in the period, using USD Cash. It made no repurchases of its other preferred stock or MSTR stock. Strategy said $748.6 million of preferred stock remains available under its digital credit securities repurchase program, and $1 billion of MSTR stock remains available under its MSTR stock repurchase program.

Strategy said it maintains a U.S. dollar reserve to support dividends on its preferred stock and interest on its outstanding indebtedness. It also maintains USD Cash for broader general purposes. During the period, Strategy used $43.4 million of the reserve to pay preferred stock dividends. As of November 1, 2026, the reserve stood at $4.79 billion and USD Cash at $132.7 million.