Strategy STRC Buyback Doubles to $2B as Bitcoin Buys Pause

NewsTue, 08 Sep 2026 15:03:27 UTC4 hours ago

Summary

  • Strategy bought no Bitcoin and sold no common stock between August 31 and September 7
  • The company doubled its Digital Credit Securities Repurchase Program to $2 billion
  • It spent $176.3 million buying back STRC preferred shares trading below par
  • MSTR fell around 3% after the disclosure while Bitcoin held near $78,000

Strategy told the SEC on September 8 that it neither added to its Bitcoin treasury nor tapped its at-the-market equity program during the week ending September 7, spending $176.3 million to buy back its own STRC preferred shares and lifting the ceiling on its Digital Credit Securities Repurchase Program from $1 billion to $2 billion. The Virginia company still holds roughly 845,050 BTC, the largest corporate Bitcoin position anywhere, acquired for about $63.73 billion at an average of $75,412 per coin. At a spot price near $78,200 that treasury sits about $2.3 billion above what the company paid for it.

Read from Source ยท crypto-news-flash.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (crypto-news-flash.com).

Related