Strategy Smash Buys $21.5M in Bitcoin as It Continues BTC Accumulation

Nasdaq-listed Strategy has resumed weekly BTC accumulation, purchasing 250 bitcoins for $21.5 million between October 5 and October 11. According to a Monday filing, the company also spent $192.4 million repurchasing its STRC preferred stock. Strategy now holds 848,250 BTC. This move reflects a broader trend where Bitcoin's rebound is encouraging corporate sellers to return to buying after months of market turmoil, signaling a potential revival in corporate crypto acquisition strategies across the industry.