Strategy pauses Bitcoin purchases, repurchases $139M in preferred stock
Strategy, led by Michael Saylor, repurchased 1.42 million shares of its preferred stock (STRC) for approximately $139.3 million between September 8 and 13, 2026, using its USD cash reserves. The company did not buy or sell any Bitcoin during the past week, maintaining its holdings at 845,050 BTC, valued at roughly $65.7 billion. This move aligns with the firm's recent shift toward managing its capital structure and financial reserves under its Digital Credit Capital Framework.
Summaries are written by AI from the original article. Not investment advice.