Saylor hints at new Strategy bitcoin buy as STRC buybacks outpace its BTC purchases

Michael Saylor hinted on Sunday 11 October 2026 that Strategy has bought more bitcoin, posting "There's always room for more orange" on X, the signal investors watch for on Sundays, Cointelegraph reported. The confirming filing with the US Securities and Exchange Commission is unlikely before Tuesday 13 October, because US federal offices are shut on Monday for Columbus Day.

Strategy's bitcoin in numbers

The pattern Cointelegraph points to: in recent weeks Strategy has spent far more buying back its own STRC preferred stock than buying bitcoin, more than six times its weekly bitcoin budget in September. Perera noted the company ended the third quarter with only 1,666 more BTC than at the end of June, and that the filings put 9.5% of the Q3 raise directly into bitcoin, with the rest going to a dollar reserve, cash, dividends and preferred buybacks.

Why it matters

Strategy is the largest corporate holder of bitcoin, so the size of its weekly buying is read as a gauge of demand. A smaller buyer at the top of the market leaves the price more exposed to other flows.

What it means in rupees

Bitcoin was about $83,800 on Sunday evening on our bitcoin price page. At the open-market dollar rate of about Rs 277 on our dollar rate page, that is roughly Rs 23.2 million for one coin. Strategy's 848,000 BTC would be worth about $71 billion at that price.

For the dollar sums on any amount, use our currency converter.