--- title: "MSTR stock tests $150 as Strategy adds 250 BTC and buys back $192M in STRC" type: "News" locale: "en" url: "https://longbridge.com/en/news/301627244.md" description: "Strategy purchased 250 BTC for $21.5M and repurchased $192.4M in STRC preferred shares between Oct 5-11, while selling MSTR shares to fund the Bitcoin acquisition. Total holdings reached 848,250 BTC. MSTR stock traded near $151, testing support levels. The company's focus on buying back STRC rather than common shares impacts shareholder dynamics differently than direct buybacks." datetime: "2026-10-12T21:35:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301627244.md) - [en](https://longbridge.com/en/news/301627244.md) - [zh-HK](https://longbridge.com/zh-HK/news/301627244.md) generator: "portal-rs" --- # MSTR stock tests $150 as Strategy adds 250 BTC and buys back $192M in STRC Strategy bought another **250 Bitcoin** for **$21.5 million** during **October 5–11**, according to its latest update. It also spent **$192.4 million** repurchasing STRC preferred shares, while MSTR stock traded near **$151** on **October 12**. The transactions indicate how the company split its spending between Bitcoin acquisition and share buybacks. However, for investors of MSTR, this actually does make a difference because the company repurchases preferred stocks while Strategy issues common stock. ## **The larger purchase was STRC** Strategy bought back an estimated **1.93 million STRC** shares, dedicating almost nine times more funds compared to its Bitcoin acquisitions that week. It disclosed no MSTR common-share repurchases during this period. STRC is a separate class of stock with its own dividend terms. Buying it back does not directly reduce the number of MSTR common shares. Strategy sold **125,183 MSTR** shares for **$21 million** \[after commissions\]. This covered the cost of the Bitcoins. The remaining **$500,000** came from the cash holdings. The common share will increase the supply/demand ratio and affect existing shareholders. The additional Bitcoin brought Strategy’s holdings to **848,250 BTC**. Its total acquisition cost stood at about **$64 billion**, averaging **$75,444 per coin**, including fees and expenses. ## **MSTR approaches a nearby support area** At the time of this writing, MSTR traded at around **$151.07**, down **2.12%** from its previous close. It had reached **$158.40** earlier but was trading close to its **$150.88** session low. That drop in price follows a broader pullback from its recent highs around the **$170** price area. The immediate area to watch is the **$147–$150** price area, where recent candles have found support. Holding there would allow for it to stabilize. A move back above the **$158–$160** price areas would improve the short-term picture, but the recent highs around the **$166–$170** price area remain another hurdle. If MSTR falls below nearby support and fails to recover, attention could shift toward the **$134–$138** price zones. For now, the chart shows that the recent recovery is losing strength. * * * ## **Final Summary** - Strategy bought 250 BTC and repurchased STRC preferred shares. - MSTR approached $150 support. If it recovers the $158–$160 price areas, it would strengthen its short-term outlook. * * * ### Related Stocks - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BITX.US](https://longbridge.com/en/quote/BITX.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCL.US](https://longbridge.com/en/quote/BTCL.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [BTCZ.US](https://longbridge.com/en/quote/BTCZ.US.md) - [DEFI.US](https://longbridge.com/en/quote/DEFI.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [IMST.US](https://longbridge.com/en/quote/IMST.US.md) - [MAXI.US](https://longbridge.com/en/quote/MAXI.US.md) - [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md) - [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md) - [MSR.US](https://longbridge.com/en/quote/MSR.US.md) - [MSST.US](https://longbridge.com/en/quote/MSST.US.md) - [MST.US](https://longbridge.com/en/quote/MST.US.md) - [MSTC.US](https://longbridge.com/en/quote/MSTC.US.md) - [MSTK.US](https://longbridge.com/en/quote/MSTK.US.md) - [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md) - [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md) - [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md) - [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md) - [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md) - [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md) - [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md) - [OBTC.US](https://longbridge.com/en/quote/OBTC.US.md) - [SMST.US](https://longbridge.com/en/quote/SMST.US.md) - [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md) - [YBIT.US](https://longbridge.com/en/quote/YBIT.US.md) - [02818.HK](https://longbridge.com/en/quote/02818.HK.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03066.HK](https://longbridge.com/en/quote/03066.HK.md) - [03135.HK](https://longbridge.com/en/quote/03135.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [03439.HK](https://longbridge.com/en/quote/03439.HK.md) - [07376.HK](https://longbridge.com/en/quote/07376.HK.md) - [07799.HK](https://longbridge.com/en/quote/07799.HK.md) - [83042.HK](https://longbridge.com/en/quote/83042.HK.md) - [09008.HK](https://longbridge.com/en/quote/09008.HK.md) - [09042.HK](https://longbridge.com/en/quote/09042.HK.md) - [09399.HK](https://longbridge.com/en/quote/09399.HK.md) - [09430.HK](https://longbridge.com/en/quote/09430.HK.md) - [09439.HK](https://longbridge.com/en/quote/09439.HK.md) ## Related News & Research - [Strategy Adds 250 BTC for $21.5M as Purchases Drop 84% and Michael Saylor Insists 'There Is Always Room for More Orange'](https://longbridge.com/en/news/301599524.md) - [Strategy Adds 250 Bitcoin: Can MSTR Break Through $160?](https://longbridge.com/en/news/301596787.md) - [Michael Saylor’s Strategy Continues Bitcoin-Buying Spree, Adds $22,000,000 Worth of BTC](https://longbridge.com/en/news/301621800.md) - [Grant Cardone says he never tells Fannie Mae about the bitcoin in his real estate deals: 'It's just too much'](https://longbridge.com/en/news/301512316.md) - [Strategy Expands Bitcoin Holdings and Manages Capital Structure](https://longbridge.com/en/news/300933181.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**