Strategy Used Common-Stock Proceeds for Bitcoin as STRC Hit $100
Strategy’s November 2–8 filing showed no STRC at-the-market sales, while stock buybacks absorbed about two-thirds of weekly MSTR proceeds.
Strategy’s November 2–8 filing showed no STRC at-the-market sales, while stock buybacks absorbed about two-thirds of weekly MSTR proceeds. Bitcoin (BTC) is trading at ₹69,33,375 ($73,794.00). This is an original Token Times brief based on reporting by CryptoSlate, with live market data added, as of Wed, 11 Nov 2026 07:45:02 UTC.
The filing highlights how Strategy balanced share repurchases with continued Bitcoin accumulation and shows that its preferred-stock funding vehicle was not the source of purchases during the week.
- STRC reached $100, but its ATM sold no shares from November 2–8.
- Buybacks consumed roughly two-thirds of weekly MSTR proceeds.
- Common-stock proceeds still funded Strategy’s Bitcoin purchases.
- Bitcoin trades at $73,798, down 1.23% over 24 hours.
- Strategy Shareholders Approve Daily Dividends for STRC and Other Preferred Stocks
- Strategy's Cash Reserve and Preferred Stock Restructure Bolsters Bitcoin Outlook
- Strategy's $413M STRC Buybacks Dwarf Recent Bitcoin Purchases
- Strategy’s STRC Returns to $100 as Shareholder Payouts Turn Daily
- Strategy Uses MSTR Equity Sales to Fund Heavy STRC Buybacks
- Schiff Targets Strategy’s STRC as Buybacks Support Its 12% Yield
- Strategy Used Common-Stock Proceeds for Bitcoin as STRC Hit $100 — this brief
Strategy’s STRC preferred stock reached a $100 price point during a week in which the company did not sell shares through its at-the-market program. Its November 2–8 filing recorded no STRC ATM sales, indicating that the preferred-stock offering did not provide financing for that period’s 
Bitcoin purchases.
Common-stock activity remained more prominent in the reported funding mix. Buybacks absorbed approximately two-thirds of the week’s MSTR proceeds, leaving a portion available for Strategy’s Bitcoin purchases, according to CryptoSlate’s summary of the filing. The report therefore depicts simultaneous capital returns to shareholders and continued accumulation of the cryptocurrency.
STRC’s move to $100 was the most prominent price development in the coverage, but the filing details do not link that threshold to any ATM transaction during November 2–8. The meaningful distinction is between the preferred share’s market price and the financing channel used for purchases: STRC traded at $100, while common-stock proceeds and remaining cash supported the week’s acquisition activity.
The broader market context was weak. Bitcoin was priced at $73,798, down 1.23% over 24 hours and 4.47% over seven days, while its market capitalization was $1.48 trillion. Total crypto market capitalization stood at $2.52 trillion, the overall market was broadly lower, and the Fear & Greed Index registered 29, corresponding to Fear. The next filing periods will indicate whether STRC ATM sales resume and how Strategy allocates the proceeds between share repurchases and further Bitcoin purchases.
Since this brief published about 4 hours ago, Bitcoin (BTC) has moved from ₹69,33,750.50$73,798.00 to ₹69,33,374.67$73,794.00 — -0.01%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $65,000 by December 31, 2026?
Crowd-implied probability on Polymarket, ₹9.59M 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 11 06:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹7.33M (about $73,794.00), down 1.3% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 11, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Strategy Used Common-Stock Proceeds for Bitcoin as STRC Hit — questions & answers
Did Strategy sell STRC shares during the reported week?
No. The November 2–8 filing recorded no sales through Strategy’s STRC at-the-market program.
How much of MSTR proceeds went to share buybacks?
Buybacks absorbed approximately two-thirds of the week’s MSTR proceeds.
What funded Strategy’s Bitcoin purchases that week?
Common-stock proceeds remained the relevant funding source, rather than STRC ATM sales.
Where was Bitcoin trading amid the filing?
Bitcoin was at $73,798, down 1.23% over 24 hours and 4.47% over seven days.
How much is 1 Bitcoin worth in rupee today?
About ₹7.33M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $73,794.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoSlate. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.