Crypto news digest: Strategy pauses bitcoin buys, repurchases STRC
Strategy's September 14, 2026 8-K showed no bitcoin bought or sold Sept. 8-13, holdings of about 845,050 BTC, and $139.3 million spent buying back STRC.
| Metric | Figure |
|---|---|
| Period covered | Sept. 8–13, 2026 |
| BTC acquired / sold | None |
| Total BTC held | ~845,050 BTC |
| Aggregate cost | $63.73B |
| Average cost | ~$75,412 per BTC |
| ATM share sales | None |
| STRC shares repurchased | 1,420,467 |
| STRC repurchase cost | $139.3M |
| USD Reserve (Sept. 13) | $5.10B |
| USD Cash (Sept. 13) | $1.30B |
In this crypto news digest item, Strategy Inc’s Form 8-K dated September 14, 2026 reported a quiet week on the bitcoin side and activity on the capital side. The company said it did not buy or sell any bitcoin and did not sell any shares under its at-the-market program from September 8 to 13.
Holdings stood at about 845,050 BTC, acquired for an aggregate $63.73 billion, or about $75,412 per bitcoin including fees and expenses.
Instead of buying bitcoin, Strategy repurchased 1,420,467 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, for $139.3 million, funded from USD cash.
As of September 13, the company reported a USD Reserve of $5.10 billion and USD Cash of $1.30 billion. Remaining authorization stood at $1.05 billion under the preferred stock repurchase program and $1.0 billion under the MSTR common stock program.
The filing marks a week in which the company directed cash toward its preferred securities rather than new bitcoin.
Strategy’s weekly 8-Ks have become a closely followed data series because they report purchases, funding sources and reserves on a regular cadence. A week with no bitcoin purchases and no ATM sales stands out in that series.
The STRC buyback used cash rather than new issuance. With a USD Reserve of $5.10 billion and USD Cash of $1.30 billion on hand, the company has capacity to continue repurchases, and it retains $1.05 billion of preferred authorization after this week’s activity.
The average cost of about $75,412 per bitcoin is the benchmark against which the company’s holdings are measured. The filing itself does not state a market value for the holdings.
The remaining $1.0 billion authorization for MSTR common stock was not used during the week, according to the filing’s figures. Whether the company turns to common buybacks, preferred buybacks or new bitcoin purchases in coming weeks will show how it is prioritizing its cash.
What to watch: whether weekly 8-Ks show a return to bitcoin purchases or ATM issuance, further use of the repurchase authorizations, and changes in the USD Reserve.
Prepared with AI assistance from public sources and reviewed under our editorial policy. Not investment advice.