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Strategy halts Bitcoin buys, invests $176M in preferred stock; Strive adds $109M in Bitcoin, doubling buyback plan.

Market News
08 Sep 2026
Coinpaper
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Neutral
Strategy halts Bitcoin buys, invests $176M in preferred stock; Strive adds $109M in Bitcoin, doubling buyback plan.

Michael Saylor's Strategy did not buy or sell any Bitcoin from Aug. 31 to Sept. 7 but repurchased $176.3 million in preferred stock and doubled its buyback program to $2 billion. Meanwhile, Strive bought 1,375 BTC for about $109 million, increasing its Bitcoin holdings to 24,531 BTC. This shows a clear difference in capital allocation: Strategy focuses on managing its securities and treasury, while Strive continues expanding its Bitcoin reserves. Bitcoin prices fell below Strive's latest purchase price, reflecting cautious investor sentiment ahead of the Federal Reserve's upcoming decision.

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