Strategy Inc Buys 950 Bitcoin, Repurchases Preferred Stock Amid Multi-Billion Cash Reserves

Strategy Inc (NASDAQ: MSTR) has made significant moves in its investment strategy. Between September 14 and September 20, 2026, the company deployed USD Cash into the purchase of 950 bitcoin for an aggregate $75.7 million.

The acquisition brings Strategy Inc's total bitcoin holdings to 846,000, with a cumulative cost basis of $63.80 billion as of September 20, 2026.

Strategy Inc also repurchased 1,771,238 shares of its STRC preferred stock for an aggregate purchase price of $174.0 million under its digital credit securities repurchase program. The company has remaining authorization to repurchase up to $875.1 million in STRC preferred stock and $1.0 billion in MSTR common stock.

During the same period, Strategy Inc used USD Cash for bitcoin purchases and STRC repurchases, and drew down on its USD Reserve to pay dividends and interest. As of September 20, 2026, the company reported a USD Reserve balance of $5.04 billion and USD Cash of $1.05 billion.