{"id":227302,"date":"2026-09-14T15:33:44","date_gmt":"2026-09-14T15:33:44","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=227302"},"modified":"2026-09-14T15:33:44","modified_gmt":"2026-09-14T15:33:44","slug":"strategy-buys-back-stock-skips-bitcoin-purchase","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=227302","title":{"rendered":"Strategy Buys Back Stock, Skips Bitcoin Purchase\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strategy Buys Back Stock, Skips Bitcoin Purchase\u00a0<\/a><\/p>\n

<\/div>\n

Bitcoin treasury Strategy held off buying bitcoin again last week. The Nasdaq-listed company said it instead bought $139 million of its preferred stock STRC.\u00a0<\/p>\n

A Monday filing<\/a> with the Securities and Exchange Commission on Monday showed that the company repurchased 1.42 million STRC preferred shares for around $139.3 million between September 8 and September 13.\u00a0<\/p>\n

The company still owns 845,050 bitcoins worth $66.2 billion at today\u2019s prices, and has two cash balances: USD Reserve and USD Cash, holding $5.1 billion and $1.3 billion, respectively.\u00a0<\/p>\n

\n

Strategy has repurchased $139M of $STRC<\/a>. As of 9\/13\/26, we hold 845,050 $BTC<\/a> and $6.4B of USD Assets. $MSTR<\/a>https:\/\/t.co\/awLZ666Nuq<\/a><\/p>\n

\u2014 Strategy (@Strategy) September 14, 2026<\/a>\n<\/p><\/div>\n

Strategy, which is the largest corporate holder of bitcoin, this year switched from predictably buying the biggest cryptocurrency this week to buying back its stock and building a cash reserve.\u00a0<\/p>\n

On some occasions, the company even sold small bits of its BTC stash \u2014 despite founder and chairman Michael Saylor famously preaching to \u201cnever sell your bitcoin.\u201d\u00a0<\/p>\n

After a 10-week hiatus, the company started buying bitcoin again in the final week of August, scooping up nearly $370 million in the leading cryptocurrency.\u00a0<\/p>\n

It hasn\u2019t bought any bitcoin since.\u00a0<\/p>\n

Its Nasdaq-listed shares (MSTR) were 3% trading higher on Monday. The stock has lost over 75% of its value since notching a record in November 2024 \u2014 one month before bitcoin passed the once mythical and long-awaited $100,000 mark.\u00a0<\/p>\n

Strategy \u2014 formerly MicroStrategy \u2014 is an enterprise software company that pivoted to buying and holding bitcoin in 2020.\u00a0<\/p>\n

It first bought the cryptocurrency to protect its shareholders from inflation but has since aggressively bought the asset and pivoted to being a bitcoin treasury.<\/p>\n

Strategy has defended its recent bitcoin sales, with CEO Phong Le saying<\/a> that the company now has a \u201cbullet-proof balance sheet.\u201d\u00a0<\/p>\n

In the company\u2019s quarterly earnings in July, Strategy posted<\/a> a $8.22 billion loss. But Le reassured investors that the firm\u2019s current paper loss was nothing to worry about.<\/p>\n

\u201cWe\u2019re the J.P. Morgan of the crypto economy, so whether we sell 1,000 bitcoin out of 840,000 to me is irrelevant to the conversation,\u201d Le said in a subsequent interview.\u00a0<\/p>\n

This post Strategy Buys Back Stock, Skips Bitcoin Purchase\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strategy Buys Back Stock, Skips Bitcoin Purchase\u00a0 Bitcoin treasury Strategy held off buying bitcoin again last week. The Nasdaq-listed company said it instead bought $139 million of its preferred stock STRC.\u00a0 A Monday filing with the Securities and Exchange Commission on Monday showed that the company repurchased 1.42 million STRC preferred shares for […]<\/p>\n","protected":false},"author":0,"featured_media":227303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-227302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/227302"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=227302"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/227302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/227303"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=227302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=227302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=227302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}