Strategy Holds $4.79B Reserve After Raising $431.8M From 2026 Bitcoin Sales
MSTR sits 58% above its 52-week low of $81.81.
Summary
Strategy's November 2 filing shows a $4.79 billion designated dollar reserve plus $132.7 million in cash as of November 1. The company has raised roughly $431.8 million in 2026 by selling Bitcoin to fund preferred dividends and buybacks — a notable shift for a firm whose model has been accumulating BTC. It repurchased $208.2 million of STRC between October 26 and November 1, on top of $176 million in September, and lifted the securities repurchase authorization to $3 billion. It also drew $43.4 million from the reserve to cover preferred dividends for that week. The key takeaway: the reserve and buyback capacity give Strategy a buffer to service STRC obligations without forced BTC sales, but the disclosure confirms it is now a net Bitcoin seller to fund payouts. STRC dividends began accruing daily, including weekends and holidays, from November 1.
At the time of this announcement, MSTR was trading at $129.30 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $54.5B. The 52-week trading range was $81.81 to $252.34. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Binance News.