Strategy Skips Weekly Bitcoin Purchase to Repurchase STRC Preferred Shares, Doubles Buyback Program
Strategy paused its weekly Bitcoin purchases to repurchase STRC preferred shares and doubled its Digital Credit Securities Repurchase Program to $2 billion.
Why it matters
The move signals Strategy is prioritizing shoring up its STRC preferred stock, which was trading below par, over expanding its Bitcoin treasury, a shift sources say could affect the company's ability to raise further funds through STRC and may pressure it to raise the security's dividend rate.
Where the sources disagree
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
reported value (strc)
$176 million
CryptoPotato
$370 million
Cointelegraph
CryptoPotato reports $176 million, Cointelegraph reports $370 million (52% apart).
reported value
$176 million
CryptoPotato
$369.7 million
Crypto News Flash
CryptoPotato reports $176 million, Crypto News Flash reports $369.7 million (52% apart).
size of the holdings (company holds)
$6.5 billion
CryptoPotato
$2 billion
Crypto News Flash
CryptoPotato reports $6.5 billion, Crypto News Flash reports $2 billion (69% apart).
reported results (company strategy)
$2 billion
CryptoPotato
$8.22 billion
Bitcoin Magazine
CryptoPotato reports $2 billion, Bitcoin Magazine reports $8.22 billion (76% apart).
reported value
$176 million
Cointelegraph
$369.7 million
Crypto News Flash
Cointelegraph reports $176 million, Crypto News Flash reports $369.7 million (52% apart).
reported value (strc)
$370 million
Cointelegraph
$176 million
Bitcoin Magazine
Cointelegraph reports $370 million, Bitcoin Magazine reports $176 million (52% apart).
reported value (company)
$100
Cointelegraph
$176
Crypto News Flash
Cointelegraph reports $100, Crypto News Flash reports $176 (43% apart).
size of the holdings
$2 billion
Crypto News Flash
$6.5 billion
Bitcoin Magazine
Crypto News Flash reports $2 billion, Bitcoin Magazine reports $6.5 billion (69% apart).
reported value (buying)
$369.7 million
Crypto News Flash
$176 million
Bitcoin Magazine
Crypto News Flash reports $369.7 million, Bitcoin Magazine reports $176 million (52% apart).
reported value (average)
$75,412
CryptoPotato
$80,318
Crypto News Flash
CryptoPotato reports $75,412, Crypto News Flash reports $80,318 (6% apart).
reported value (average purchase)
$75,412
Cointelegraph
$80,318
Crypto News Flash
Cointelegraph reports $75,412, Crypto News Flash reports $80,318 (6% apart).
Key facts
Strategy increased the size of its Digital Credit Securities Repurchase Program from $1 billion to $2 billion.
Disputed figureReported by CryptoPotato
Strategy made no new Bitcoin purchases for the week ending September 7, holding steady at 845,050 BTC.
845,050 BTCReported by CryptoPotato
Strategy's Bitcoin holdings were acquired at an average price of $75,412 per coin.
75,412 USDDisputed figureReported by CryptoPotato
Strategy's total acquisition cost for its Bitcoin holdings was reported as $63.6 billion by Cointelegraph and $63.73 billion by BTC-ECHO and Bitcoin Magazine.
Disputed figureReported by Cointelegraph
MSTR shares fell more than 3% following the Tuesday disclosure.
3 %Reported by Cointelegraph
What happened
Strategy (formerly MicroStrategy), led by Michael Saylor, made no new Bitcoin purchases for the week ending September 7, instead repurchasing STRC preferred shares and expanding its Digital Credit Securities Repurchase Program from $1 billion to $2 billion, according to Cointelegraph, BTC-ECHO, Crypto News Flash and Bitcoin Magazine, all citing a Tuesday SEC filing and a post from Saylor. The company's Bitcoin holdings remained unchanged at 845,050 BTC, acquired at an average price of $75,412 per coin. Sources differ slightly on the total acquisition cost of that stash, with Cointelegraph reporting $63.6 billion and BTC-ECHO and Bitcoin Magazine reporting $63.73 billion. CryptoPotato, Crypto News Flash and Bitcoin Magazine noted Strategy also holds $6.5 billion in USD assets, per Saylor's post. The pause follows a Bitcoin purchase the prior week that ended a roughly 10-week buying hiatus, with Cointelegraph describing it as a $370 million purchase and Crypto News Flash putting the figure at $369.7 million for 4,603 BTC. MSTR shares fell more than 3% on the Tuesday disclosure, according to Cointelegraph, Crypto News Flash and Bitcoin Magazine, while STRC traded at a discount to its $100 par value per Cointelegraph.
How the story developed
- First report
First report by CryptoPotato
No Bitcoin for Strategy This Week as Focus Remains on STRC Buybacks
- Update
Strategy discloses it repurchased STRC preferred shares and paused Bitcoin buying
Michael Saylor announced the STRC repurchase and doubled repurchase program size on X, alongside a related SEC filing.
- Independent corroboration
Independently corroborated by Cointelegraph
Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
- Update
SEC filing confirms details of the STRC buyback and Bitcoin holdings
Cointelegraph reported the filing figures for the STRC repurchase and unchanged Bitcoin holdings.
- Update
German outlet corroborates repurchase details
BTC-ECHO reported the same STRC repurchase and unchanged Bitcoin position, adding that the buyback was funded from cash reserves.
- Update
Further coverage notes MSTR share decline and prior week's Bitcoin purchase
Crypto News Flash and Bitcoin Magazine added context on the prior week's Bitcoin purchase and MSTR's share price reaction.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 8 Sept 2026, 12:17 UTC: CryptoPotato — 1 independent source, 1 reports
- 8 Sept 2026, 12:51 UTC: Cointelegraph — 2 independent sources, 2 reports
- 8 Sept 2026, 13:15 UTC: BTC-ECHO — 3 independent sources, 3 reports
- 8 Sept 2026, 15:03 UTC: Crypto News Flash — 4 independent sources, 4 reports
- 8 Sept 2026, 15:38 UTC: Bitcoin Magazine — 5 independent sources, 5 reports
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| CryptoPotato Crypto media | No Bitcoin for Strategy This Week as Focus Remains on STRC Buybacks | Original | |
| Cointelegraph Crypto media | Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares | Independent | |
| Bitcoin Magazine Crypto media | Strategy Halted Its Bitcoin Buys Again Last Week | Independent | |
| BTC-ECHO Crypto media | Strategy setzt bei Bitcoin aus – Strive schlägt dafür erneut kräftig zu | Independent | |
| Crypto News Flash Crypto media | Strategy STRC Buyback Doubles to $2B as Bitcoin Buys Pause | Independent |