Strategy Repurchases $139 Million in Preferred Stock, Leaves Bitcoin Holdings Unchanged

Strategy Inc. repurchased 1,420,467 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for approximately $139.3 million during the week ended September 13, 2026, while buying and selling no bitcoin, according to a Form 8-K filed with the U.S. Securities and Exchange Commission on September 14. The report marks a second consecutive week in which the Tysons Corner, Virginia-based company has left its bitcoin position unchanged. Strategy, which rebranded from MicroStrategy in early 2025, is widely regarded as the world’s largest corporate bitcoin holder.

The Buyback Execution

Between September 8 and September 13, Strategy spent $139.3 million repurchasing STRC stock while leaving its other repurchase programs — STRF, STRK, STRD, and Class A common stock (MSTR) — inactive for the week. The Nasdaq-listed preferred issue carries a variable dividend that the company said on August 31 it would maintain at a 12.00% annual rate for semi-monthly periods beginning September 16. Buying back the preferred stock trims the firm’s outstanding preferred share count and its future dividend obligations. After the latest purchases, roughly $1.05 billion of aggregate purchase price remains available under the company’s digital credit securities repurchase program and $1.0 billion under its MSTR stock repurchase program, the filing states.