Bitcoin price: Strategy buys 1,036 Bitcoin as BTC holdings climb to 850,364
Strategy has spent around $1.06 billion buying back its STRC preferred shares, almost five times the $219.7 million it spent on Bitcoin over the same period since the start of October. Strategy used $188.3 million of those proceeds to repurchase around 1.89 million STRC shares…
In this article
On the Bitcoin price front, Strategy has spent around $1.06 billion buying back its STRC preferred shares, almost five times the $219.7 million it spent on Bitcoin over the same period since the start of October, according to Cointelegraph. Strategy used $188.3 million of those proceeds to repurchase around 1.89 million STRC shares, following $208.2 million in buybacks the prior week.
Key points
- Strategy's separate US dollar reserve declined to $4.77 billion from $4.79 billion following the firm drew $21.1 million to pay dividends on its preferred stock.
- According to Yahoo Finance, Strategy's common stock dropped 3% to $125 in Monday's premarket trading.
- Its USD Cash balance advanced around 10% to $146.2 million from $132.7 million.
Inside the Bitcoin price story
Strategy's separate US dollar reserve declined to $4.77 billion from $4.79 billion following the firm drew $21.1 million to pay dividends on its preferred stock. Its USD Cash balance advanced around 10% to $146.2 million from $132.7 million. According to Yahoo Finance, Strategy's common stock dropped 3% to $125 in Monday's premarket trading, while its STRC preferred shares edged down 0.06% to $99.7.
Why Bitcoin price matters for traders
Crypto markets trade around the clock and react quickly to regulation, ETF flows, liquidity conditions and broader risk sentiment. Moves in Bitcoin often set the tone for the rest of the digital-asset market.
Changes in interest-rate expectations and institutional flows have become major drivers of crypto prices, linking them more closely to traditional markets.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-09 13:37 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,724.01 | -1.67% | 76,095.32 | 73,510.00 |
| Ethereum (ETH) | 2,122.34 | -5.30% | 2,243.56 | 2,060.00 |
On the currency side, the latest ECB daily reference rates (2026-11-06) show EUR/USD 1.1165, GBP/USD 1.3385, AUD/USD 0.6871, NZD/USD 0.5544, USD/JPY 158.33, USD/CHF 0.8189, USD/CAD 1.4066, USD/CNY 6.6713. These are reference fixes, not live quotes.
What to watch next for Bitcoin price
Watch for ETF flow data, regulatory news, large on-chain movements and shifts in overall risk appetite in stock markets.
Follow every update in our Top 10 Crypto News Today, read Bitcoin price: The $2.85B Binance hackers lost reveals why the UK needs stablecoin freeze rules or see all of today's top market news.
FAQ
What is the latest Bitcoin price news?
Strategy has spent around $1.06 billion buying back its STRC preferred shares, almost five times the $219.7 million it spent on Bitcoin over the same period since the start of October.
What moves the price of Bitcoin?
Bitcoin reacts to institutional and ETF demand, regulation, liquidity and interest-rate expectations, as well as general risk sentiment in financial markets.
Where does this information come from?
This report is based on coverage from Cointelegraph, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
