Strategy Skips Bitcoin Again, Spends $139M Buying Back STRC Shares

Strategy Buys Back $139 Million of STRC, Bitcoin Stack Frozen for Second Week

The Bitcoin treasury firm slowed its preferred-stock buyback from last week's $176 million pace and left its 845,050 BTC untouched, per a Monday SEC filing.

Strategy Buys Back Stock, Skips Bitcoin Purchase

Bitcoin treasury Strategy held off buying bitcoin again last week. The Nasdaq-listed company said it instead bought $139 million of its preferred stock STRC.  A Monday filing with the Securities and Exchange Commission on Monday showed that the company repurchased 1.42 million STRC preferred shares for around $139.3 million between September 8 and September 13.  The company still owns 845,050 bitcoins worth $66.2 billion at today’s prices, and h…

Strategy STRC Repurchase Hits $139.3 Million As BTC Reserves Hold

Strategy has spent $139.3 million repurchasing STRC preferred shares while keeping its 845,050 BTC holdings unchanged, highlighting a broader shift toward capital management and liquidity.

Strategy Skips Bitcoin, Spends $139M Buying Back STRC

Why Is Strategy Buying Back Preferred Shares Instead of Bitcoin? Strategy spent approximately $139.3 million repurchasing its STRC preferred shares last week while leaving its bitcoin position unchanged, showing how the company's capital allocation strategy is becoming more flexible as its equity valuation remains under pressure. The bitcoin treasury company repurchased 1.42 million STRC shares between Sept. 8 and Sept. 13, according to a regula…

Strategy skips Bitcoin again, spends $139M buying back STRC shares

Strategy has now gone three straight weeks since its last Bitcoin purchase, per the company’s 8-K filing. Instead, the bought $139.3 million of its own STRC preferred stock, per the document sent to the SEC on September 14, covering the week before.  Strategy’s Bitcoin stash remains unchanged at 845,050 BTC since it disclosed a 4,603 Bitcoin purchase for nearly $370 million on August 31. Before that, the firm had gone 10 consecutive weeks withou…