Investment
Features
FeesSafety
Academy
More
Pluang+

Strategy resumes Bitcoin buys with $75.7M spent on 950 BTC, also repurchasing $174M in preferred stock.

Market News
21 Sep 2026
Crypto news
View Source
Bullish
Strategy resumes Bitcoin buys with $75.7M spent on 950 BTC, also repurchasing $174M in preferred stock.

Strategy resumed Bitcoin purchases after a two-week pause, spending $75.7 million to acquire 950 BTC and increasing its holdings to 846,000 BTC. Concurrently, the company spent $174 million repurchasing 1.77 million shares of its STRC preferred stock, continuing a buyback program aimed at maintaining the preferred stock price near its $100 stated value. These transactions were funded from existing cash reserves without issuing new shares, reducing deployable USD cash by nearly 20% to $1.05 billion. Meanwhile, Strive also increased its Bitcoin holdings by 1,355 BTC, reaching a total of 26,355 BTC. Strategy’s Bitcoin holdings now have an unrealized gain of about $8.05 billion based on current market prices, highlighting continued confidence in Bitcoin as a corporate treasury asset.

The strategy's recent Bitcoin purchases provide context for readers; as of Sep 21, 2026 19:56 WIB, Pluang's market snapshot shows strong cryptocurrency breadth with 47 of 50 major cryptocurrencies rising. Notable movers include GRT at Rp423 with a 16.91% increase and a typical hold time of 98 days, ALGO at Rp2.074 up 12.53%, and AVAX at Rp203.999 rising 11.66%.

More News

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgrades NNN REIT to Overweight, citing strong income and 6% dividend yield.

Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...

Analyst Insights
Bullish
56 minutes ago
Sandisk enters the S&P 100 as Nike exits the index on the same day.

Sandisk enters the S&P 100 as Nike exits the index on the same day.

On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...

Market News
Neutral
2 hours ago
Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Several top analysts, including Cantor Fitzgerald, Guggenheim, Morgan Stanley, and BTIG Research, have raised price targets and upgraded their outlooks for ServiceNow, signaling confidence in the company's long-term growth. Despite this, the stock ha...

Analyst Insights
Bullish
2 hours ago
Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Piper Sandler lowered Colgate-Palmolive's price target to $95 due to weak North American demand and rising competition. The company is responding by focusing on premium oral care innovations, expanding the Fabuloso line, increasing advertising, and c...

Market News
Neutral
3 hours ago
MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...

Company Fundamentals
Neutral
3 hours ago
banner-footerbanner-footer

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