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Strategy Buys 950 BTC and Steps Up STRC Repurchases

Company filings show a $75.7 million cash purchase raised holdings to 846,000 BTC and indicate management is reallocating cash between Bitcoin accumulation and preferred-stock buybacks to shape the stock’s leveraged moves.

Overview

  • The company’s Sept. 21 SEC 8-K disclosed it bought 950 BTC between Sept. 14–20 for about $75.7 million using USD Cash, bringing its publicly reported holdings to 846,000 coins.
  • The same filings show Strategy repurchased roughly $174 million of its STRC preferred shares during that reporting period, funded from the same USD Cash pool.
  • Strategy shares surged about 16% on Sept. 18 and have climbed roughly 48% over the past month as Bitcoin rallied above $80,000 and recent U.S. regulatory steps plus short covering amplified the equity move.
  • The 950-coin purchase increased the treasury by only about 0.1% and was paid from cash rather than through at-the-market share issuance, underscoring the company’s mix of funding methods and a prior two-week pause in visible purchases.
  • Strategy now holds roughly 4% of Bitcoin’s eventual 21 million supply, so even small additions or price swings shift the firm’s balance sheet value by hundreds of millions, making upcoming SEC reports and any return to ATM-funded buys the key items to watch next.