Strategy keeps Bitcoin holdings unchanged, repurchases $176.3M of STRC shares
Strategy Inc. reported no new Bitcoin purchases and unchanged holdings at 845,050 BTC. Instead, it repurchased 1.81 million STRC shares for $176.3 million and doubled its digital credit repurchase authorization to $2 billion.
Strategy Inc. (NASDAQ: MSTR ) made no Bitcoin (CRYPTO: BTC) purchases between last week, with Michael Saylor skipping his trademark weekend orange-dot post. Strategy Skips Bitcoin Purchase and Buys Back $176 Million of STRC According to the SEC filing on Sept. 73 billion at an average price of roughly $75,412 per coin.
3 million using its USD cash balance. 19 billion still available under that program and another $1 billion available for MSTR common stock repurchases. 44 billion in additional cash, keeping the balance sheet in the same strong position it was in after last week’s purchase. Why the Pause Matters As reported last week, Strategy ended a two-month Bitcoin buying drought on Aug.
31 when Saylor posted “We’re Back” on X, acquiring 4,603 BTC for $370 million at an average price of $80,382 per coin. That purchase brought net leverage to 0%, signaling the balance sheet was strong enough to go back on offense. One week later, with no new purchase and no weekend tracker post from Saylor, the market is now watching whether last week’s buy was a one-off or the start of a renewed accumulation run. The absence of Saylor’s trademark orange-dot post over the weekend, which has historically preceded Monday treasury announcements, suggests no purchase is coming Monday morning either.
45 that price pushed above for the second time in two weeks. The 20-day and 50-day EMAs remain well below at $120 and $114, keeping the broader recovery structure intact. 45 — Support Band, must hold to keep recovery intact Image: Shutterstock