Strategy Inc purchased 950 Bitcoin for $75.7 million and repurchased 1,771,238 STRC shares for $174.0 million during the period. Investors have the company’s stated cash framework in view: the USD Reserve supports preferred-stock dividends and interest, while USD Cash can fund bitcoin purchases and broader Capital uses.

Key Highlights

  • Strategy Inc acquired 950 bitcoin at an average purchase price of $79,670.
  • The company repurchased 1,771,238 STRC shares for an aggregate $174.0 million.
  • Strategy Inc held a $5.04 billion USD Reserve and $1.05 billion of USD Cash as of September 20.

Strategy Inc (NASDAQ: MSTR) used $174.0 million of USD Cash to repurchase STRC Stock and $75.7 million to buy bitcoin during September 14 to September 20. No shares were sold through its at-the-market offering program during that period.

Bitcoin Holdings and Preferred-Stock Repurchases

The bitcoin purchases added 950 BTC at an average price of $79,670 per bitcoin, including fees and expenses. STRF, STRK, STRD and MSTR Stock each had zero repurchased shares and zero purchase price during the period. The preferred-stock repurchase programme retained $875.1 million of available aggregate purchase price, while the MSTR Stock repurchase programme had $1.0 billion remaining.

USD Reserve and USD Cash Balances

Strategy used $57.4 million from its USD Reserve during the period to pay dividends on preferred stock and interest on outstanding indebtedness. At September 20, the USD Reserve stood at $5.04 billion and USD Cash was $1.05 billion. The company says the USD Reserve is intended to support preferred-stock dividends and interest payments, while USD Cash may be used for bitcoin acquisitions, reserve expansion and other broader capital-management purposes.