Strategy Repurchases $139 Million in Preferred Stock, Holds Bitcoin Steady
Strategy Inc., formerly known as MicroStrategy, has repurchased $139.3 million worth of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) during the week ended September 13, 2026.
The company spent the full amount on STRC stock while leaving other repurchase programs inactive for the week, according to a Form 8-K filing with the U.S. Securities and Exchange Commission on September 14.
Strategy's STRC preferred issue carries a variable dividend that will be maintained at a 12.00% annual rate for semi-monthly periods beginning September 16, the company stated in its August 31 update.
The repurchases trim Strategy's outstanding preferred share count and future dividend obligations.