Strategy raises buyback cap to USD 3.00 billion: Strategy stock is valued at USD 58.8 billion

Published on 10/26/2026 at 12:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Strategy raised its preferred cap to USD 3.00 billion on October 19, 2026. Strategy stock costs EUR 127.62 on October 26, 2026, with USD 58.8 billion value.

Buyback authorization and reporting dates

Strategy increased its preferred-securities buyback authorization to USD 3.00 billion on October 19, 2026.
Holdings reached 848,517 bitcoin as of October 18, 2026, after a 267-bitcoin purchase.
Strategy stock trades at EUR 127.62 at 12:01 p.m. CEST at Lang & Schwarz on October 26, 2026.
The shareholder meeting is scheduled for October 28, 2026, ahead of third-quarter results on October 29, 2026.

Strategy, US5949724083, Illustration mit AI erstellt.

Strategy Inc (ISIN US5949724083) raised the authorized purchase price for its preferred-securities buyback program from USD 2.00 billion to USD 3.00 billion on October 19, 2026. The company also bought 267 bitcoin and reported 848,517 bitcoin holdings as of October 18, according to the StockTitan reproduction of the company filing.

Capital allocation shifts toward preferred securities

The filing shows that Strategy repurchased 1,938,780 STRC preferred shares for USD 193.1 million during the period from October 12, 2026, through October 18, 2026. The expanded authorization left USD 1.16 billion available after the increase, while a separate USD 1.00 billion MSTR common-stock repurchase authorization remained available.

The same filing says Strategy sold 140,872 MSTR Class A shares for USD 22.0 million in net proceeds and used those proceeds, plus USD 0.1 million of cash, to fund the bitcoin purchase. The contrast matters because preferred-share repurchases address the capital structure, while the bitcoin purchases increase the treasury asset base.

What does the next report need to show?

Strategy's October 5 release reported a USD 21.0 billion estimated gain on digital assets for the third quarter of 2026 and described the acquisition of 334 bitcoin, according to Strategy. The October 19 update then added 267 bitcoin, taking holdings to 848,517, while the company spent USD 193.1 million on STRC repurchases.

Three dated milestones shape the story

On October 5, 2026, Strategy reported the USD 21.0 billion estimated third-quarter digital-asset gain. On October 12, 2026, it reported 250 bitcoin acquired for USD 21.5 million and USD 192.4 million of STRC repurchases. On October 19, 2026, it reported 267 bitcoin acquired for USD 22.1 million and expanded the preferred-securities authorization to USD 3.00 billion.

Two dates come before the results

Strategy's special shareholder meeting is scheduled for October 28, 2026, to consider daily-dividend amendments for certain preferred securities, as reported by StockTitan. The third-quarter results are scheduled for October 29, 2026, after the US market close, according to MarketScreener.

Stock price and investor frame

On Nasdaq, MSTR last stood at USD 146.01 on October 23, 2026, at 4:00 p.m. EDT, while the stock's market capitalization was USD 58.8 billion. The next report will show whether the digital-asset gain and continued capital-market activity translate into a stronger earnings picture.

Strategy stock was trading at EUR 127.62 at Lang & Schwarz on October 26, 2026 at 12:01 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Strategy stock.