Strategy Inc. Repurchases $139M STRC, Pauses Bitcoin Accumulation for Second Week
What happened: Strategy Inc.
What happened: Strategy Inc. repurchased 1,420,467 shares of its STRC preferred stock for $139.3 million between September 8 and 13, 2026, according to an SEC filing. The buyback was funded entirely from USD reserves, with the company's Bitcoin holdings remaining unchanged at 845,050 BTC (valued at ~$65.7 billion). This marks the second consecutive week without any BTC accumulation, a notable departure from Strategy's usual treasury strategy. The company has $1.05 billion remaining under its $2 billion digital credit securities repurchase program and $1 billion under its common stock buyback authorization.
Why it matters: Strategy's decision to halt Bitcoin purchases and focus on defending its preferred share price signals a tactical shift amid market uncertainty. The move may reflect a prioritization of shareholder value and liquidity over further BTC exposure, especially as the STRC price hovers near its $100 par value. The pause in BTC accumulation by a leading corporate holder could impact market sentiment, especially ahead of an MSCI index ruling in October that may influence passive investment flows.