Strategy repurchases $139 million in STRC shares, makes no Bitcoin moves

Strategy’s Bitcoin holdings remained unchanged at 845,050 BTC as of Sept. 13, with the stash valued at about $65.8 billion at press time, according to a Monday disclosure.

Strategy bought back $139 million in shares of its STRC preferred stock using USD Cash during the period, reducing its cash balance to $1.3 billion, the company reported. No shares of STRF, STRK, STRD or MSTR were repurchased.

The company’s USD Reserve remains at $5.1 billion and is intended to support preferred-stock dividends and interest on outstanding debt.

Strategy said $1.05 billion in aggregate purchase price remains available under its digital credit securities repurchase program for preferred stock, while $1 billion remains available under its MSTR Stock repurchase program.

This is a developing story.

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