Strategy Holds Off On Bitcoin Purchases As It Buys Preferred Stock

Strategy Holds Off On Bitcoin Purchases As It Buys Preferred Stock Editorial Staff Tue, September 8, 2026 at 4:22 PM GMT+2 2 min read MSTR BTC Strategy Holds Off On Bitcoin Purchases As It Buys Preferred Stock Strategy (NASDAQ: $MSTR) did not buy or sell any Bitcoin (CRYPTO: $BTC) over the past week, according to a regulatory filing with the U. S. Securities and Exchange Commission.

Instead, the company led by Chairman Michael Saylor focused on repurchasing 1. 81 million shares of its preferred stock (NASDAQ: $STRC) for $176. 3 million U.

S. Strategy also increased the total allowable repurchase amount of its preferred stock to $2 billion U. S.

from $1 billion U. S. under a previous share buyback program.

More From Cryptoprowl: MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster Kalshi Expands Internationally With Alpaca Brokerage Partnership Bitmine Accelerates Ethereum Purchases To Close Out August Strategy Bought $370 Million Of Bitcoin Last Week MEXC Data: BTC Breaks $80,000, Major-Asset Spot Trading Volume Surges 300% The software company turned serial cryptocurrency acquirer kept its holdings of Bitcoin unchanged at 845,050 BTC, which was bought at a cost of $66. 1 billion U. S.

Strategy owns more than 4% of Bitcoin's 21 million supply and is sitting on a $2. 4 billion U. S.

paper gain with BTC's price at $78,350 U. S. on Sept.

8. The preferred stock purchases over the past week were funded from Strategy's cash reserves, which currently sit at more than $6 billion U. S.

The pause in Strategy's Bitcoin purchases comes after the company acquired 4,603 BTC for $369. 7 million U. S.

between Aug. 24 and Aug. 30 at an average price of $80,318 U.

S. Before the late August purchase, Strategy had paused its Bitcoin buying for 10 weeks while it built-up its cash reserves and improved its balance sheet. MSTR stock has declined 57% over the past 12 months to trade at $142.

80 U. S. per share.