Skip to main content
News BriefTopicBitcoin

Strategy expands repurchase to $2B and buys back $176M of STRC preferred shares, pausing BTC buys

Sep 8, 2026By ClusterWire.news· AI-assisted news brief

Strategy (Michael Saylor’s company) expanded its digital securities repurchase program to $2 billion and repurchased $176 million worth of STRC preferred shares [1] [2].

Several reports said Strategy paused new Bitcoin purchases, including skipping a Bitcoin buy while it repurchased $176 million of STRC preferred shares [2] [3].

One report said Strategy bought 0 BTC during the prior week and simultaneously doubled its securities buyback plan to $2B [4].

Strive, a separate company referenced in the coverage, reportedly added 1,375 BTC for about $109 million and increased its holdings to 24,531 BTC [5].

A market recap reported Strategy shares fell about 3% in Tuesday premarket trading to $138.43, while it cited Strategy’s Bitcoin holdings at 845,050 BTC and an average acquisition cost of $75,412 per coin [6].

Was this useful?

Anonymous feedback used to improve internal story ranking. No public totals are shown.

Share

Share this article

Share this article on social platforms.

Support ClusterWire

If you find ClusterWire useful, tips help cover hosting and infrastructure costs.

We record anonymous interactions with tip buttons to understand feature usage. We do not include IP addresses, user-agent strings, or wallet addresses in these tip analytics. Blockchain transactions are public and may reveal the sending address.

Article sources

Sources

Review the sources used to produce this brief. Citations open the referenced material in a new tab.

Updates and corrections

No changes recorded in the new revision log. Earlier edits may not be included.

Coverage

Latest Coverage

Latest crypto news briefs, ordered by publication time.

35h ago · AI-assisted

MARA transfers 996 BTC worth $81.1 million to Galaxy as reported holdings fall from February to August

MARA Holdings transferred 996.105 BTC, worth about $81.1 million, to Galaxy Digital, according to on-chain data cited by CoinDesk and crypto.news. The transfer does not confirm …

Read more
36h ago · AI-assisted

Spot Bitcoin, Ether and Zcash ETFs record outflows on Oct. 8

U.S. spot Bitcoin ETFs recorded $244 million in net outflows on Oct. 8, with Franklin’s EZBC the only fund reporting a net inflow, according to Wu Blockchain. CoinDesk also repo…

Read more
38h ago · AI-assisted

Thailand SEC's Bitcoin and Ether ETF rules take effect Oct. 16

Thailand’s Securities and Exchange Commission has finalized rules for Bitcoin and Ether exchange-traded funds, with the framework set to take effect on October 16. The funds wil…

Read more
Oct 7, 2026 · AI-assisted

Bitcoin falls below $83,000 amid higher oil prices, Treasury yields and slower ETF inflows

Bitcoin fell below $83,000 on October 7, dropping about 4%; CoinGape reported a 24-hour decline of 3.72% to $82,911 [1] [2]. The decline coincided with higher oil prices and Tre…

Read more
Oct 7, 2026 · AI-assisted

Ledger Wallet adds Morpho-powered USDC and USDT loans against cbBTC or wBTC

Ledger has launched Crypto Loan, a feature that lets eligible users borrow USDC or USDT against cbBTC or wBTC in Ledger Wallet without selling their bitcoin. The feature is begi…

Read more
Oct 7, 2026 · AI-assisted

U.S. Transfers About $103M in BTC and BNB to Coinbase; Separately, $23M in Bitfinex-Linked BTC

Wallets linked to the U.S. government moved 833.6 BTC, worth about $71.56 million, to Coinbase Prime on October 7, alongside 40,285 BNB valued at about $31.63 million. The BNB m…

Read more