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Strategy doubles $2B repurchase program, spends $176M on preferred shares, holds 845K Bitcoin unchanged

Protocol Fundamentals
09 Sep 2026
Crypto news
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Bullish
Strategy doubles $2B repurchase program, spends $176M on preferred shares, holds 845K Bitcoin unchanged

Strategy doubled its Digital Credit Securities Repurchase Program authorization from $1 billion to $2 billion and spent $176.3 million repurchasing 1.81 million STRC preferred shares instead of buying Bitcoin during the week ending Sept. 7, 2026. The company maintained its Bitcoin holdings at 845,050 coins, acquired at an average cost of $75,412 each, and held $5.10 billion in dollar reserves with $1.44 billion in deployable cash. No Bitcoin purchases or sales occurred, and no shares were sold through at-the-market offerings during this period. The repurchase program aims to manage preferred share discounts and support dividend payments, while future purchases depend on market conditions and management decisions.

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