MicroStrategy adds 811 Bitcoin, funded by common stock sale and repurchases $208 M of preferred shares
+2 new sources since this summary was written
MicroStrategy sold about 1.18 million of its common shares for roughly $164 million and used $65.5 million of the proceeds to buy 811 Bitcoin at an average price of $80,846 per coin. The company also repurchased $208.2 million of its STRC preferred stock, bringing its total Bitcoin holdings to 849,327 coins. The transactions were disclosed in a Form 8‑K filed on November 1, 2026.
Why it matters
The stock sale dilutes existing shareholders while increasing Bitcoin exposure; the preferred buyback reduces the company’s preferred‑stock liability. Cash reserves fell to $132.7 million after the purchases and buybacks, affecting liquidity.
Key facts
- 1MicroStrategy sold 1,178,552 common shares for $164.0 million. finance.yahoo.com
- 2The company spent $65.5 million to purchase 811 Bitcoin at an average price of $80,846 per coin. finance.yahoo.com
- 3Total Bitcoin holdings rose to 849,327 BTC, acquired for a combined $64.08 billion (average cost $75,451 per coin). finance.yahoo.com
- 4MicroStrategy repurchased $208.2 million of STRC preferred shares, buying 2,092,035 shares. finance.yahoo.com
- 5USD cash balance after the transactions was $132.7 million. finance.yahoo.com
- 6Q3 net income was $19.5 billion, driven by a $20.9 billion operating gain from Bitcoin price appreciation. bitcoinmagazine.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.