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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/14/2026

Strategy Repurchases $139M of STRC, Holds 845K BTC Steady

What happened: Strategy Inc.

Strategy Repurchases $139M of STRC, Holds 845K BTC Steady

What happened: Strategy Inc. repurchased 1.42 million STRC preferred shares for approximately $139.3 million between September 8 and 13, funded from its USD cash reserves. The company's Bitcoin holdings remain unchanged at 845,050 BTC (worth about $65.7 billion), representing nearly 4% of Bitcoin's total supply, with an average cost basis of $75,412 per BTC. The repurchases are part of a broader capital management framework prioritizing buybacks when STRC trades below par value.

Why it matters: Strategy's continued buybacks signal management's commitment to supporting STRC's market price and maintaining liquidity. The company's steady BTC position, despite market volatility, reflects a long-term conviction in Bitcoin as a treasury asset. Notably, CEO Michael Saylor has scaled back public commentary during recent BTC drawdowns, indicating a more cautious communications stance amid market uncertainty.

Source: The Block