Strategy buys 811 Bitcoin while buying back preferred shares.

Strategy's 2 November filing reports a $65.5 million purchase of 811 BTC over 26 October–1 November, alongside $208.2 million of STRC preferred-share repurchases. Sales of common shares funded the Bitcoin purchase and an addition to cash. The preferred buyback drew on a separate cash balance.

The company sold 1,178,552 MSTR shares for $164 million in net proceeds. Its filing allocates $65.5 million to Bitcoin and $98.5 million to USD Cash. The reported purchase price averaged $80,846 per BTC, including fees and expenses. Strategy reported total holdings of 849,327 BTC as of 1 November; these are the company's disclosed figures, not a wallet audit by this newsroom.

Separately, it repurchased 2,092,035 STRC shares using $208.2 million of USD Cash. Its remaining USD Cash was $132.7 million, while the USD Reserve stood at $4.79 billion after $43.4 million funded preferred dividends. The filing distinguishes the reserve intended for dividends and interest from cash available for broader treasury purposes.

These transactions change both sides of the financing picture. Issuing common shares increases their number; retiring preferred shares reduces that class of claims. A bigger Bitcoin holding alone leaves those capital movements out of view. This is a new weekly purchase and repurchase disclosure, separate from last week's earnings and finance-leadership announcement. It does not establish what Bitcoin or Strategy shares will do next.