Strategy Buys 811 Bitcoin as Strive Adds Another 124 BTC
Strategy disclosed an 811-BTC purchase for $65.5 million, while Strive added 124 BTC for about $10 million in separate weekly treasury updates.
Key Notes
- Strategy reports buying 811 BTC for $65.5 million and holding 849,327 BTC at November 1.
- Strive purchased 124 BTC for about $10 million, taking holdings to 43,124 BTC at October 30.
- Strategy used common-share sale proceeds while existing cash funded most of Strive’s purchase.
Strategy disclosed the purchase of 811 Bitcoin for approximately $65.5 million during October 26–November 1, while Strive bought another 124 BTC for about $10 million during October 24–30.
The companies’ November 2 filings put their respective holdings at 849,327 BTC and 43,124 BTC at the end of those reporting periods. Michael Saylor’s purchase announcement uses the 811-BTC figure also shown in Strategy’s filing.
— Michael Saylor (@saylor) November 2, 2026
Strategy Splits Share-Sale Proceeds Between Bitcoin and Cash
Strategy’s SEC filing reports an average purchase price of $80,846 per BTC, including fees and expenses. The acquisition used proceeds from sales of MSTR common shares.
The company raised $164 million net through its common-stock at-the-market program, allocating $65.5 million to Bitcoin purchases and $98.5 million to USD Cash. Separately, it spent $208.2 million of USD Cash repurchasing roughly 2.09 million STRC preferred shares.
At November 1, Strategy reported a $4.79 billion USD Reserve, intended to support preferred dividends and debt interest, plus $132.7 million in USD Cash for broader treasury purposes. These balances are separate from its Bitcoin holdings.
The disclosure reports 811 BTC purchased, while the stated holdings are 810 BTC above the previously reported 848,517-BTC balance. The filing does not explain that one-BTC difference.
Strive Uses Existing Cash and Its SATS Program
Strive’s separate treasury filing confirms an average purchase price of approximately $80,526 per BTC, including fees and expenses. Its Bitcoin balance rose from 43,000 to 43,124 BTC.
Chairman and CEO Matt Cole said in his funding update that existing cash financed most of the buying. Strive also used its SATS preferred-share at-the-market program for the first time. SATS generated all the week’s ATM proceeds, which is different from funding the entire Bitcoin acquisition.
CoinScreamer’s SATS offering report covered the earlier $630 million gross IPO financing. That completed offering and the subsequent ATM sales are distinct transactions.
Weekly Purchases Do Not Measure the Whole Corporate Market
The updates follow the earlier Strive acquisitions examined in our October purchase report. The two reporting periods overlap but are not identical.
Our corporate demand coverage examines the wider concentration of Bitcoin accumulation. Purchases by two companies alone do not establish that the broader corporate buying slowdown has reversed.
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