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$BTC 'S BIGGEST BUYER JUST STOPPED BUYING — BUT SPENT 205 MILLION USD SOMEWHERE ELSE!
Strategy bought zero Bitcoin in the week ended 25 October, per its 26 October SEC filing — while spending 204.9 million USD buying back its own STRC preferred shares.
Here's what the data shows:
📉 2,068,459 STRC shares repurchased, holdings flat at 848,517
$BTC bought at an average 75,446 USD — so the pause was a capital-structure choice, not a sale.
📊
$BTC trades near 79,731 USD, pinned between 79,400-79,600 USD support and 80,500-80,800 USD resistance, with Square's Fear and Greed gauge at 43 Neutral. Meanwhile
$ETH near 2,312 USD and
$SOL near 100 USD barely moved.
💧 USD Cash fell 46 percent to 242.4 million USD after the buyback, while its 4.83 billion USD reserve stayed untouched — October STRC buybacks total about 664 million USD versus just 72.3 million USD of
$BTC buys.
The lesson: even the biggest buyer manages its balance sheet first — a pause is not an exit, nor a price signal.
Is this smart capital management, or a warning that the easy buying days are over? 👇
Not financial advice — educational purposes only.
#StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
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