FeesSafety
Pluang+

Strategy skips Bitcoin buy, spends $139M repurchasing STRC preferred stock instead

Market News
14 Sep 2026
Coinpaper
View Source
Neutral
Strategy skips Bitcoin buy, spends $139M repurchasing STRC preferred stock instead

Strategy chose not to buy more Bitcoin between Sept. 8 and 13, instead spending $139.3 million to repurchase 1.42 million shares of its STRC preferred stock. The company holds 845,050 BTC, worth about $63.73 billion at an average cost of $75,412 per Bitcoin, but is prioritizing capital management by buying back STRC shares trading below their $100 stated value. This strategy aims to reduce future dividend costs and support STRC’s market price. Strategy also maintains a $5.10 billion USD reserve and $1.30 billion USD cash, showing a shift toward managing cash and capital structure over simply accumulating Bitcoin.

Bitcoin trades at Rp1.373.687.179 on Pluang as of Sep 14, 2026 20:24 WIB, showing a 1.55% increase in the past day. Despite the company's focus on repurchasing STRC shares, Bitcoin remains actively traded with a market cap of Rp27.607,05 trillion and a 24-hour volume of Rp340,37 trillion on Pluang. The platform data highlights that 63% of orders are sell orders, with a typical hold time of 109 days, indicating ongoing investor activity even as the company shifts its capital management strategy.

More News (BTC)

A whale's $9.21M margin deposit lowers ETH liquidation price, reducing liquidation risk on $272M position.

A whale's $9.21M margin deposit lowers ETH liquidation price, reducing liquidation risk on $272M position.

An unidentified large investor added $9.21 million in USDC collateral to their Ether (ETH) long position, lowering the liquidation price from $2,256 to $2,181. This move temporarily reduced the risk of liquidation as ETH had dropped to $2,282, just a...

Technical Signals
Neutral
5 hours ago
Crypto whale adds $9.21M USDC margin to $397M Bitcoin and Ether longs, lowering Ether liquidation price.

Crypto whale adds $9.21M USDC margin to $397M Bitcoin and Ether longs, lowering Ether liquidation price.

An unidentified crypto whale increased their USDC margin by $9.21 million on long positions in Bitcoin and Ether, which are valued at approximately $397 million in total. This move lowered the liquidation price of the Ether position by $75, with the ...

Market News
Neutral
5 hours ago
XRP leads with 10.9% annualized funding rate in Oct 24 crypto futures snapshot

XRP leads with 10.9% annualized funding rate in Oct 24 crypto futures snapshot

On October 24, XRP recorded the highest annualized funding rate of 10.9% among major cryptocurrencies in a futures market snapshot, indicating strong demand for long positions. Bitcoin followed with a 9.1% annualized rate and saw a 3.08% increase in ...

Market News
Neutral
6 hours ago
Bitcoin faces midterm election cycle losses and ETF outflows ahead of Fed decision.

Bitcoin faces midterm election cycle losses and ETF outflows ahead of Fed decision.

Bitcoin has historically experienced significant price drops around U.S. midterm elections, with declines of 72%, 65%, 52%, and 27% in the past four cycles since 2010. These drops coincided with major events like Mt. Gox's collapse, Bitcoin Cash spli...

Market News
Bearish
6 hours ago
Bitcoin resists breakdowns, signaling strong buyer demand despite market pressures.

Bitcoin resists breakdowns, signaling strong buyer demand despite market pressures.

Bitcoin has repeatedly tested key support levels without breaking down, indicating strong underlying demand even amid macroeconomic challenges. Market analyst @jvisserlabs highlights this pattern as a structural signal of seller exhaustion and buyer ...

Market News
Bullish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App