WuBlockchain
Strategy said it neither bought nor sold Bitcoin between September 8 and 13 and made no ATM equity sales during the period. Instead, the company deployed $139.3 million in cash to repurchase roughly 1.42 million shares of its STRC preferred stock.
As of September 13, the company held 845,050 BTC acquired for $63.73 billion at an average price of $75,412 per coin. Its USD Reserve sat at $5.10 billion and USD Cash at $1.30 billion.
Why it matters
Strategy's weekly disclosures have become a market signal on their own, and the pattern this week is a clean divergence from the post-halving buying cadence the market had been pricing. A pause on the BTC leg is not unusual, but pairing it with a preferred-stock buyback rather than an ATM equity raise shifts the read: the company is buying back its own higher-coupon instrument instead of issuing common equity or stacking sats. That is a return-of-capital choice, not a Treasury-accretion choice.
Market impact
STRC carries one of the higher dividend yields in Strategy's preferred stack, so retiring 1.42 million shares tightens float and reduces forward preferred distributions. The $5.10 billion USD Reserve leaves plenty of dry powder for the next BTC leg whenever the company chooses to deploy it. Holders watching the 21/25 plan key on these weeklies; a zero-buy week paired with a STRC repurchase is the kind of allocation shift that does not move BTC spot price directly but reframes what the next ATM tranche is being held for.
Source: [source](https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/bltfd690f9e2425297b/6aa74f1cd8141fe81e6db03b/form-8-k_09-14-2026.pdf)
Frequently asked questions
-
Did Strategy buy any Bitcoin in the week of September 8 to 13?
No. Strategy disclosed that it neither bought nor sold Bitcoin during that period and made no ATM equity sales. The only capital action was a $139.3 million STRC preferred-stock repurchase.
-
How much STRC did Strategy repurchase and at what cost?
Strategy spent $139.3 million in cash to buy back approximately 1.42 million shares of its STRC preferred stock between September 8 and 13.
-
How much Bitcoin does Strategy currently hold?
As of September 13, Strategy held 845,050 BTC acquired for $63.73 billion at an average price of $75,412 per BTC.
-
What are Strategy's USD Reserve and USD Cash balances?
Strategy's USD Reserve stood at $5.10 billion and USD Cash at $1.30 billion as of September 13, leaving meaningful dry powder for the next BTC leg.
-
Why does a STRC buyback matter more than a zero BTC-buy week?
STRC carries one of the higher dividend yields in Strategy's preferred stack, so retiring 1.42 million shares tightens float and trims forward preferred distributions. The move signals a return-of-capital allocation rather than continued Treasury accretion, even with $5.10B parked in the USD Reserve.
Lookonchain
CoinDesk
CryptoSlate
Crypto Rank News
Whale Alert