Strategy Inc announced its board of directors has approved an increase in its digital securities repurchase program from $1.0 billion to $2.0 billion. The company also disclosed it recently repurchased $176.3 million of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and provided an update on its bitcoin holdings, which remain unchanged.
Key Details
- Repurchase Program Increase: The Digital Credit Securities Repurchase Program authorization was doubled to $2.0 billion. As of September 7, 2026, $1.19 billion remains available under the increased program.
- Recent Buyback Activity: Between August 31 and September 7, 2026, the company repurchased 1,810,885 shares of STRC stock for an aggregate price of $176.3 million, funded from its USD Cash balance.
- Bitcoin Holdings Update: As of September 7, 2026, the company holds approximately 845,050 bitcoin, acquired at an aggregate purchase price of $63.73 billion, or an average of $75,412 per bitcoin.