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MSTR Stock Price Drops 3.09% as Strategy Pauses Bitcoin Buys

Key Insights

  • MSTR stock price fell about 3.09% as Strategy paused Bitcoin purchases.
  • Strategy repurchased 2.07 million STRC shares for approximately $204.9 million.
  • Strive added 6,182 BTC this week, while BitMine acquired 10,452 ETH this week.

The MSTR stock price fell 3.09% on October 26 as Strategy reported no Bitcoin purchases or sales in its weekly update. The update covered October 19 through 25. Shares traded at $141.50, down $4.51, or 3.09%, from the previous close of $146.01.

The session’s early decline took the price to about $137 before it recovered to roughly $144.50 by late morning.

MSTR Stock Price Action | Source: Yahoo Finance
MSTR Stock Price Action | Source: Yahoo Finance

That recovery remained below the previous close. Shares then retreated and moved mostly between $141 and $143 through early afternoon. Trading volume peaked near the open, then eased as the session continued.

MSTR Stock Price Moves Alongside Bitcoin

According to CoinGecko data, Bitcoin traded at $80,262.34, down 0.6% over 24 hours, with a reported range of $79,331.68 to $80,721.55. It fell from near the top of the range before recovering from a morning low around $79,400.

Bitcoin price action | Source: CoinGecko
Bitcoin price action | Source: CoinGecko

The price moved above $80,000 around midday, then fluctuated before dipping to roughly $79,500 in late afternoon. It later rebounded toward $80,700, gave back part of that increase, and returned to about $80,260.

Bitcoin’s market capitalization stood at $1.614 trillion, and 24-hour trading volume reached $28.303 billion. Across longer periods, market data showed Bitcoin down 2.1% over seven days and 2.7% over 14 days. Its 30-day decline was 4.6%, while its one-year performance showed a 29.3% drop.

Meanwhile, the MSTR stock price had gained more than 2% the previous Monday, when Bitcoin moved above $82,000. The October 26 Bitcoin quote stood below that level. The earlier advance followed Strategy’s report of a 267 BTC purchase between October 12 and 18.

The company paid an average of $82,900 per coin, spending $22.1 million. That purchase brought its reported Bitcoin holdings to 848,517 BTC.

Strategy Pauses Bitcoin Purchases and Repurchases STRC Stock

During the October 19–25 period, Strategy made no Bitcoin purchases or sales and conducted no ATM stock sales. Instead, it repurchased 2.07 million STRC preferred shares for about $204.9 million.

The STRC stock buyback drew on a digital credit securities repurchase authorization that Strategy expanded to $3 billion last week.

Strategy listed its Bitcoin holdings’ total acquisition cost at about $64.02 billion, with an average price of $75,446 per coin. Its balance-sheet update also listed a $4.83 billion USD Reserve. Additionally, Strategy reported roughly $242 million in cash alongside that reserve.

Strive and BitMine Report Crypto Purchases

Separate company disclosures showed crypto purchases by Strive and BitMine. Strive acquired 6,182 BTC for $511.4 million at an average cost of $82,732 per Bitcoin.

That transaction lifted Strive’s reported holdings to 43,000 BTC. Its cash and marketable securities rose by $187.7 million, reaching $554.6 million.

Strive also established a $1 billion ATM program for ESATS. Strategy co-founder Michael Saylor congratulated Strive on the purchase.

BitMine reported another week of purchases, acquiring 10,452 ETH. That brought its Ethereum holdings to 6,051,933 ETH, or about 4.95% of Ethereum’s supply.

It also repurchased 2.04 million shares at an average price of $22.48. BitMine said its 2026 buybacks now total 22.9 million shares, representing roughly $399.6 million.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Glory Kaburu
Glory Kaburu
Glory Kaburu is a crypto journalist with nearly six years of experience covering blockchain, digital assets, market analysis, price predictions, and Web3 news. Her work has appeared across Cryptopolitan, Crypto News Flash, ETHNews, CoinGape, and The Coin Republic. She holds a Bachelor of Education in English Literature and Linguistics from the University of Nairobi, supporting her strong research skills, industry knowledge, and careful reporting on topics that can influence readers’ financial decisions.