Strategy Buys Back $139 Million of STRC, Bitcoin Stack Frozen for Second Week

In brief

• Strategy repurchased 1,420,467 shares of its STRC preferred stock for $139.3 million between September 8 and 13, funded entirely from its USD Cash reserve.
• The company bought no Bitcoin for a second straight week, holding steady at 845,050 BTC acquired for $63.73 billion at an average of $75,412 per coin.
• Roughly $1.05 billion remains under Strategy's $2 billion digital credit securities repurchase program, alongside $1 billion still available for MSTR stock buybacks.

Strategy repurchased 1,420,467 shares of its STRC preferred stock for $139.3 million in the week to September 13, according to an 8-K filed with the Securities and Exchange Commission on Monday.

That pulled back from the $176.3 million the Bitcoin treasury company spent the previous week, when its board doubled the authorization behind its digital credit securities repurchase program to $2 billion. Every dollar came out of USD Cash, the liquidity pool management taps for buybacks, dividends and Bitcoin purchases alike.

The company bought and sold no Bitcoin during the period, leaving its holdings unchanged at 845,050 BTC for a second consecutive week. Strategy acquired that stack for $63.73 billion at an average price of $75,412 per coin, inclusive of fees.