Bitcoin near $82,000 as Strategy buys back $193 million of STRC

Briefing by News4U · First published 2026-10-20 09:01:13 UTC

Strategy repurchased $193 million of preferred stock, raising its buyback limit to $3 billion; Bitcoin held near $82,000.

CoinDesk reported that Bitcoin held near $82,000 while Strategy announced the repurchase of $193 million of its preferred stock STRC, bringing total buybacks to nearly $2 billion and increasing the authorized amount to $3 billion from $2 billion. [1]

The outlet also noted that Ethereum-focused treasury firm Bitmine purchased another 12,535 ETH last week, bringing its holdings to 6.04 million ETH, and that Super League shareholders approved Metaplanet’s takeover, paving the way for a rebrand to Superplanet. [1]

Sources

1. Live updates: Bitcoin holds near $82,000 as Nasdaq rebounds more than 1%

   CoinDesk · 2026-10-19 11:05:54 UTC · Excerpt

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