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Bitcoinâ–Ľ Bearish

Strategy Halts Bitcoin Purchases as It Spends $205M on STRC Buyback

TradingGain NewsroomTradingGain Newsroom··26 Oct 2026, 13:24 UTC

Strategy, a bitcoin treasury firm, has paused its bitcoin buying. It spent $205 million buying back STRC, its biggest weekly buyback in more than a month, which pushed its USD cash balance down to $242.4 million. For traders, a pause in buying by a major treasury holder may reduce near-term demand for bitcoin.

BTCAt the time of writing, Bitcoin traded at $79,880 (-0.46% in 24h).Live price →

Why it matters

  • Strategy has stopped buying bitcoin for now, so a regular source of demand is paused.
  • The $205 million STRC buyback was its largest weekly buyback in more than a month.
  • USD cash fell to $242.4 million, showing how much cash the buyback used.

What to watch next

Watch whether Strategy resumes bitcoin buying and how its USD cash balance changes in its next update.

This brief is written by TradingGain from public reporting by Decrypt.Read original ↗
Strategy Halts Bitcoin Purchases as It Spends $205M on STRC Buyback
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.