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October 19, 2026

Crypto News | Strategy’s discretionary cash falls 72% as buyback authorization rises to $3 billion Oluwapelumi Adejumo | usagoldmines.com

Strategy’s discretionary USD Cash fell to $447.3 million as the company spent another $193.1 million on STRC buybacks and raised its preferred-stock repurchase authorization to $3 billion. The Michael Saylor-led company disclosed on Oct. 19 that it bought Bitcoin for $22.1 million at an average price of $82,900 over the previous week. The acquisitions increased…

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 Strategy’s discretionary USD Cash fell to $447.3 million as the company spent another $193.1 million on STRC buybacks and raised its preferred-stock repurchase authorization to $3 billion. The Michael Saylor-led company disclosed on Oct. 19 that it bought Bitcoin for $22.1 million at an average price of $82,900 over the previous week. The acquisitions increased…
Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Digital Asset Treasuries, Featured, Market, TradFi 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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