Strategy stock falls 5.46 percent as STRC buybacks outpace Bitcoin buying

Published on 10/07/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Strategy stock was trading at USD 155.56 on October 7, 2026, as STRC repurchases reached USD 176.3 million. Bitcoin holdings rose to 848,000 BTC.

Strategy, US5949724083, Illustration mit AI erstellt.

Strategy Inc. (ISIN US5949724083) was trading at USD 155.56 on Nasdaq on October 7, 2026, at 10:19 a.m. ET, down 5.46 percent from the previous close. The immediate issue for shareholders is capital allocation: STRC repurchases reached USD 176.3 million in a week, compared with USD 28.7 million spent on 334 Bitcoin.

STRC buybacks dominate capital use

Ground News reported on October 7, 2026, that Strategy repurchased USD 176.3 million of STRC preferred shares while adding 334 Bitcoin. The two amounts imply that preferred-share repurchases were 6.14 times larger than the latest Bitcoin purchase.

The same report put Strategy's total Bitcoin holdings at 848,000 BTC after purchases made between September 29 and October 5, 2026. That figure gives the treasury operation a direct link to the company's financing structure because the purchase was supported by stock-sale proceeds and cash reserves.

Bitcoin holdings reach 848,000 BTC

Strategy's October 5, 2026 release said the company recorded a USD 21.0 billion digital-asset gain in the third quarter and repurchased USD 176 million of STRC, according to Strategy. The release classified the filing as Form 8-K and dated it October 5, 2026.

The latest market data place the stock between a session low of USD 154.82 and a session high of USD 158.66 on October 7, 2026. Its 52-week range extends from USD 81.81 to USD 336.36, leaving the current quote USD 180.80 below the yearly high.

Analyst target stays above the quote

Yahoo Finance reported on October 2, 2026, that Citi raised its Strategy price target from USD 136 to USD 240 while maintaining a Buy rating. The USD 240 target lies 54.27 percent above the October 7 quote, although Citi also described the company's cash-reserve build as dilutive to the valuation of its Bitcoin holdings.

Strategy's operating figures show why the stock is not a conventional software valuation story. Yahoo Finance lists Q2 FY26 revenue at USD 122.37 million and earnings at a USD 8.62 billion loss, while the current market capitalization is USD 51.5 billion as of October 7, 2026.

Strategy stock trades below its yearly high

Strategy stock was trading at USD 155.56 on Nasdaq on October 7, 2026, at 10:19 a.m. ET. The combination of a USD 21.0 billion third-quarter digital-asset gain, 848,000 BTC and USD 176.3 million of STRC repurchases keeps treasury financing at the center of the equity story.