Strategy Halts Bitcoin Purchases After One-Week Resurgence

Strategy Pauses Bitcoin Acquisitions After Brief Resurgence

Strategy has announced that it did not acquire any Bitcoin in the week ending September 7, following a previous purchase of $370 million worth of Bitcoin the week prior. Instead, the company focused on repurchasing its own preferred stock, investing $176.3 million to buy back 1,810,885 shares of its variable rate perpetual preferred stock (STRC).

This buyback was funded from the company’s cash reserves, which include $5.10 billion earmarked for preferred dividends and interest payments, along with $1.44 billion available for other investments, including potential Bitcoin purchases.

“Strategy has repurchased $176M of $STRC and increased the size of its Digital Credit Securities Repurchase Program from $1.0B to $2.0B,” tweeted Strategy on September 8, 2026.

Following the board's decision, the digital credit securities repurchase program limit has been raised to $2 billion, with $1.19 billion still available for future buybacks. Notably, the company did not repurchase any shares of its other preferred stocks or common stock during this period.

Current Bitcoin Holdings and Market Position

As of now, Strategy holds 845,050 BTC, which were acquired at an average price of $75,412 each, totaling approximately $63.73 billion. With Bitcoin currently trading around $77,760, Strategy's holdings are valued at about $65.7 billion, reflecting a modest unrealized gain of around 3% compared to their initial investment. However, the recent Bitcoin purchase from the previous week is currently at a loss, as it was bought at $80,318 per coin.

In August, Strategy raised $2 billion by selling MSTR stock, which helped bolster its cash reserves. The company’s executives, Chair Michael Saylor and CEO Phong Le, have also reached out to MSCI regarding potential exclusion from global benchmarks due to an index rule, which they argue is discriminatory. A decision from MSCI is anticipated by October 16, following the conclusion of a consultation period in late September.