Strategy Buys Back $205M in STRC as Strive Adds $511M in Bitcoin

Strategy repurchased $204.9 million of STRC preferred shares without adding Bitcoin, leaving its holdings at 848,517 BTC. Strive acquired 6,182 BTC for $511.4 million while establishing a $1 billion offering program for its 15% SATS preferred stock. DeFi Development expanded its SOL treasury, highlighting how staking income creates different economics from Bitcoin accumulation. Three publicly traded cryptocurrency treasury companies disclosed sharply different capital-allocation decisions on October 26, revealing a growing divide in how corporate balance sheets are being managed. Strategy spent approximately $205 million repurchasing its preferred securities rather than purchasing additional Bitcoin.