Strategy bought no Bitcoin between October 19 and 25, ending its weekly acquisition streak for the first time since mid-September. Instead, the company spent $204.9 million to buy back 2,068,459 STRC preferred shares and sold no securities through its at-the-market issuance program. Its holdings remain at 848,517 BTC, acquired for $64.02 billion, while general cash reserves fell from $447.3 million to $242.4 million. The separate $4.83 billion reserve for dividends and interest remained stable, as the risk of an MSCI index exclusion persists, with the definitive list expected on November 11.
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