Strategy acquired 1,665 Bitcoin for about $142.7 million during the week ended Sept. 27, 2026, and repurchased 1,534,530 shares of its STRC preferred stock for roughly $151.7 million, according to Coinpedia. The transactions were disclosed in a Sept. 28 Form 8-K and pushed the company’s total holdings to 847,666 BTC.
Crypto.news also reported the filing, noting that between Sept. 21 and Sept. 27 Strategy paid an average of $85,681 per BTC including fees and expenses, a figure above the market. CoinGecko showed Bitcoin near $83,401 at its latest reading, about 2.7% under Strategy’s average price for the week, per Crypto.news.
Also readSaylor’s Bitcoin Comeback: How Strategy Turned Debt Fear Into a $48B Cushion
Key facts
- Strategy bought 1,665 BTC for approximately $142.7 million during the Sept. 21 to 27 period; its average purchase price was $85,681 per coin including fees and expenses, per the Form 8-K detailed by Crypto.news.
- The Bitcoin purchase lifted total holdings to 847,666 BTC, acquired for an aggregate of about $63.95 billion, an average of $75,437 per coin including fees and expenses.
- Strategy raised $246.2 million in net proceeds by selling 1,469,165 MSTR shares through its at-the-market program; $142.7 million went to Bitcoin and $103.5 million to the STRC buyback, with a further $48.1 million of the repurchase funded from its USD Cash balance.
- In the same week, 1,534,530 STRC shares were repurchased for about $151.7 million, leaving $723.5 million of authorization under the company’s digital credit securities repurchase program and $1 billion available under its separate MSTR common-stock repurchase program.
- No STRF, STRC, STRK or STRD preferred shares were issued through the ATM programs during the week; Strategy also applied $22.1 million from its USD Reserve to preferred-stock dividends.
Treasury balances after the trades
Strategy ended Sept. 27 with $6.02 billion across two dollar pools: a $5.02 billion USD Reserve, defined as capital designated to support preferred-stock dividends and debt interest payments, and $1.00 billion in USD Cash, kept separately for Bitcoin purchases, reserve additions, capital management and other treasury uses.
The composition of recent weeks has shifted. Crypto.news reported that the prior week’s roughly $174 million STRC repurchase, during the Sept. 14 to 20 period, came alongside a $75.7 million Bitcoin buy at an average of $79,670 per coin; that week no ATM stock sales occurred and existing cash funded both. Earlier in September, the company doubled its digital credit securities repurchase authorization to $2 billion after a $176.3 million STRC buyback in a week with no Bitcoin purchase. Coinpedia reported that this week’s activity was instead financed by common-stock sales.
Also readStrategy Sells $467M in MSTR Shares, Holds Bitcoin Steady as Cash Reserve Reaches $3B
Why it matters
Strategy remains the largest corporate holder of Bitcoin, and its weekly disclosures function as a read on how a large treasury converts equity issuance into the asset. This week’s mix is notable because the company spent more on buying back its own preferred stock than on Bitcoin, and because it did so while paying above the prevailing market price for BTC. Crypto.news reported that the company has said since July it intends to repurchase STRC while the preferred stock trades below its $100 stated amount, subject to market conditions, liquidity and other capital priorities. Performance against the market matters to readers watching the position: Crypto.news calculated that at roughly $83,401 per coin, the 847,666 BTC holding would be worth about $70.7 billion, below the $63.95 billion aggregate acquisition cost in the company’s records — a live-price figure that will differ from recorded cost.
What to watch
Two numbers frame the next update: the $723.5 million remaining under the digital credit securities repurchase authorization and the $18.84 billion of additional MSTR issuance capacity under the ATM program as of Sept. 27, both per Crypto.news. The next weekly Form 8-K will show whether Strategy again relies on equity sales, and whether the STRC buyback continues below the $100 stated amount.
This is not financial advice; Bitcoin and related securities are volatile and their prices can move sharply in either direction.
Sources: Coinpedia, Crypto.news
