Strategy Adds 950 Bitcoin, Repurchases $174 Million in Preferred Stock

Strategy (MSTR) has continued its digital asset accumulation, purchasing 950 bitcoin for approximately $75.7 million in cash, according to a recent company filing. The transactions occurred between September 14 and September 20, 2026.

The company also executed a significant share buyback, repurchasing $174.0 million worth of its preferred stock during the same period.

Bitcoin Treasury Details

The latest acquisition was made at an average price of $79,670 per bitcoin, inclusive of fees. This purchase brings Strategy's total bitcoin holdings to 846,000 BTC as of September 20, 2026.

According to the filing, the company's aggregate purchase price for its entire bitcoin treasury now stands at $63.80 billion. This reflects an average cost basis of approximately $75,416 per bitcoin.

Capital Management and Reserves

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Strategy also reported actively managing its capital structure. The company repurchased 1,771,238 shares of its STRC Variable Rate Series A Perpetual Stretch Preferred Stock. No shares were repurchased under its common stock (MSTR) or other preferred stock programs during the week.

The company noted that $875.1 million remains available under its preferred stock repurchase program, with an additional $1.0 billion authorized for its MSTR common stock buyback program. Strategy did not sell any shares under its at-the-market offering during this period.

As of September 20, the company's treasury balances were reported as:

• USD Reserve: $5.04 billion
• USD Cash: $1.05 billion

The filing also stated that Strategy used $57.4 million from its USD Reserve to fund preferred stock dividend payments and interest on its outstanding debt.