Strategy, led by Michael Saylor, purchased 950 bitcoin for $75.7 million last week, bringing its total bitcoin holdings back to 846,000 BTC, about 4% of all bitcoin that will ever exist. Alongside this, the company spent $174 million repurchasing its preferred stock, using cash reserves instead of issuing new shares. This dual spending shows Strategy's confidence in both its bitcoin position and capital structure, with $6.09 billion in USD assets still on hand and room to continue repurchases. The company’s bitcoin cost basis stands at $63.8 billion, highlighting its significant long-term investment in the cryptocurrency.
Strategy's recent bitcoin purchase and stock repurchase provide context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 21, 2026 18:44 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 47 rose and 2 fell today. Notable movers include AVAX at Rp204.115 with a 15.71% increase, GRT at Rp413 up 14.06%, and XLM at Rp3.770 rising 12.24%.
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