Strategy Repurchases Preferred Stock Instead of Adding to Bitcoin Holdings
Strategy, the largest corporate holder of Bitcoin, opted to repurchase $139.3 million of its preferred stock (STRC) between September 8 and September 13 rather than purchasing more Bitcoin. As of September 13, 2026, the company holds 845,050 BTC and $6.4 billion in USD assets. While the firm resumed Bitcoin acquisitions in late August, it has remained inactive in the market since. Shares of MSTR rose 3% on Monday following the disclosure.
Summaries are written by AI from the original article. Not investment advice.