Strategy Bought 1,665 Bitcoins and Repurchased $152 Million STRC
crypto.news
1h ago
Ai Focus
Strategy purchased 1,665 bitcoins for approximately $142.7 million within the week ending September 27, and spent $151.7 million to repurchase STRC preferred stocks. The company also achieved a net income of $246.2 million by selling MSTR common stocks, and at the end of the period, it held $5.02 billion in USD Reserve and $1 billion in USD Cash.
Helpful
No.Help

Strategy purchased an additional 1,665 bitcoins within the week ending September 27, spending approximately $142.7 million on them, and at the same time spent $151.7 million to repurchase STRC preferred stocks.

In the 8-K filing submitted on September 28, the company disclosed that Strategy purchased the aforementioned bitcoins at an average price of $85,681 per bitcoin from September 21 to September 27, which included transaction fees and expenses. Following this purchase, the company's holdings of bitcoins increased to 847,666 coins.

During the same period, Strategy sold 1,469,165 shares of MSTR common stock through an in-market issuance (ATM) plan, generating a net income of $246.2 million. Of this amount, $142.7 million was used for Bitcoin purchases, and $103.5 million was used for STRC share repurchases.

The company did not issue STRF, STRC, STRK, or STRD preferred stocks under the ATM plan during that week.

Bitcoin holdings increased to 847,666 coins

After the latest purchase, Strategy holds 847,666 Bitcoins with a cumulative purchase cost of 63.95 billion US dollars, averaging 75,437 US dollars per coin, including fees and expenses.

This latest addition to their holdings follows a purchase of 950 bitcoins the previous week. Previously, Strategy resumed its buying activities after a two-week pause, during which the company spent $75.7 million to acquire 950 bitcoins at an average price of $79,670 per coin, increasing their holdings to 846,000 coins.

The latest average purchase price of Strategy from September 21 to September 27 was $85,681, which is higher than the current market price of Bitcoin. CoinGecko shows that the latest trading price of Bitcoin is close to $83,401, which is about 2.7% lower than the latest average purchase price of Strategy.

Calculated at the current market price, the 847,666 bitcoins held by Strategy are valued at approximately $70.7 billion. This estimate uses real-time market prices and therefore differs from the purchase costs recorded by the company.

STRC Repurchase reaches another $151.7 million

In addition to purchasing Bitcoin, Strategy also repurchased 1,534,530 shares of the variable-rate Series A perpetual Stretch preferred stocks, namely STRC, for an amount of approximately $151.7 million.

This latest transaction continues Strategy's repurchase program launched earlier in 2026. According to the documents, at the end of the most recent week, there was still an authorized amount of $723.5 million available under its digital credit securities repurchase program.

The previous STRC repurchase of $174 million occurred between September 14 and September 20. During that period, the company's expenditure on preferred stock repurchases exceeded its $75.7 million in Bitcoin purchases.

Earlier in September, Strategy spent $176.3 million to repurchase STRC without purchasing any Bitcoin that week, after which they doubled the maximum authorization for repurchasing digital credit securities to $2 billion.

Strategy stated in July that it plans to repurchase STRC when the trading price of the preferred stock is below its par value of $100, but this will depend on market conditions, liquidity, and other capital priorities.

MSTR provides funding for two transactions.

Strategy funds the latest Bitcoin purchases and part of the STRC repurchases by selling MSTR common stocks.

The company sold 1,469,165 shares of MSTR from September 21 to September 27, raising a net amount of 246.2 million US dollars. According to the documents, 142.7 million US dollars were used for purchasing Bitcoin, and 103.5 million US dollars were used for the repurchase of STRC.

In addition, $48.1 million of the STRC repurchase funds came from the USD Cash balance of Strategy. During the same period, the company also used $22.1 million from its separate USD Reserve to pay preferred stock dividends.

As of September 27, Strategy reported that it still had an additional MSTR issuance capacity of $18.84 billion under its ATM plan. No preferred shares were sold during the most recent reporting period.

This financing structure is different from last week; last week, Strategy did not carry out ATM stock sales, but instead used existing cash to fund Bitcoin purchases and STRC repurchases.

Strategy holds assets worth $6.02 billion.

As of September 27, the USD Reserve of Strategy was 5.02 billion US dollars, and the USD Cash was 1 billion US dollars, totaling 6.02 billion US dollars.

The company defines USD Reserve as capital intended to support the payment of preferred stock dividends and outstanding debt interest. USD Cash is used exclusively for Bitcoin purchases, reserve replenishment, capital management, and other financial purposes.

Since July, there have been significant changes to this cash framework; at that time, Strategy established a reserve of $3.75 billion, while Bitcoin purchases were still on hold.

Strategy In September, the board of directors expanded the STRC repurchase plan and continued to manage Bitcoin purchases, common stock issuance, and preferred stock obligations through different fund pools.

As of September 27, the company still has $723.5 million available under the digital credit securities repurchase authorization, and an additional $1 billion is available under the separate MSTR common stock repurchase plan.

Tip
$0
Like
0
Save
0
Views 20
HKWDB reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Quant Surges 50% as Institutional Tokenization Drives a Rebound in QNT
Quant ( QNT ) has risen by over 50% in the past 24 hours and by more than 300% in the past week. The article states that the progress of institutional tokenization, soaring trading volumes, and short liquidations have collectively driven this breakthrough. Traders are watching to see if the upward trend can continue and whether it can hold above $300.
Coinpedia
·2026-09-29 02:34:17
9
Microsoft Copilot is concerned about the future of AI, which is characterized by excessive value concentration.
Microsoft's Copilot business leader, Jacob Andreou, stated that the company's greatest concern regarding AI risks is not the technology itself, but rather that the benefits of AI have not been widely disseminated, instead concentrating in the hands of a few companies. He said that Microsoft regards "dissemination" as a core part of its AI strategy, hoping to make AI more prevalent among individuals, enterprises, and within the broader economy.
Businessinsider
·2026-09-29 02:34:15
7
Chainlink Allows Institutions to Add Their Own Bridge Checks Months After the Kelp Hacker Incident
Chainlink Launched on Monday, CCIP 2.0 allows institutions to run their own custom validators, no longer relying entirely on the default network of Chainlink. This upgrade comes about five months after the Kelp DAO related to LayerZero was hacked for $292 million. Chainlink also stated that its risk management network's automatic off-chain roles, currently deployed in CCIP, are no longer active.
Decrypt
·2026-09-29 02:25:05
9
Nearly half of S&P 500 stocks move contrary to the broader market trend
Goldman Sachs' latest notes show that approximately 45% of the S&P 500 constituents have exhibited negative beta over the past three months, meaning they have moved in the opposite direction to the index. CNBC mentions that this proportion is close to 40%, and when calculated on a weekly basis, about 17% of the constituents also showed negative beta over the past year. The article points out that this divergence is related to the high concentration of the S&P 500, with a few large tech stocks driving the index upward.
CNBC
·2026-09-29 02:04:04
13
Bluerock Acquisition Corp. II Announces Completion of $172.5 Million Initial Public Offering, Including Full Exercise of Underwriting Oversubscription Option
Bluerock Acquisition Corp. II indicates that the initial public offering of 17.25 million units has been completed, including 2.25 million units issued as a result of the underwriter's full exercise of the over-allotment option, at an issue price of $10 per unit. The company also completed a private placement of 5.8125 million warrants, and $173.3625 million of the funds raised was deposited into a trust.
PR Newswire
·2026-09-29 01:44:05
17
View More