Strategy Repurchases $139M in STRC as Bitcoin Holdings Remain Unchanged

Strategy, a company known for its Bitcoin holdings, made significant moves in September. Between September 8 and September 13, it repurchased approximately $139.3 million worth of STRC preferred shares from its USD Cash balance.

The total number of STRC shares repurchased during this period was 1,420,467. This buyback was part of Strategy's ongoing policy to purchase STRC at discounts below par, with larger purchases made at deeper discounts.

Interestingly, despite the large-scale STRC repurchase, Strategy's Bitcoin holdings remained unchanged, with no transactions reported during this period. The company's treasury still holds 845,050 BTC, acquired at a cost of approximately $63.73 billion or roughly $75,412 per bitcoin.