Corporate treasury firm Strategy acquired 950 Bitcoin for 75.7 million dollars between September 14 and September 20, 2026. The transaction was formally disclosed in a Form 8-K SEC filing submitted on Monday, September 21, 2026.
The purchase ended a previous two-week purchasing pause during which the company had halted spot market orders. Over the seven-day period, the company executed orders at an average price of $79,670 per coin.
This deployment raised Strategy’s total balance to 846,000 Bitcoin under direct custody. Cumulative expenditures reached approximately $63.8 billion, establishing an average acquisition cost of $75,416 per coin, including transaction fees and related operational expenses.
Bitcoin traded at $84,925 when the regulatory disclosure was filed on September 21, 2026. At that market price, the firm held an unrealized gain of 8.05 billion dollars across its consolidated digital asset portfolio.
Preferred stock repurchases and balance sheet capital
Alongside its cryptocurrency accumulation, Strategy spent $174 million repurchasing 1.77 million shares of its perpetual preferred stock, STRC. These repurchases took place during the same operational window that ended on September 20, 2026.
STRC shares climbed 0.35% to $98.85 during pre-market trading on September 21, 2026. According to the regulatory disclosure, Strategy still has $875.1 million in remaining authorization under its preferred stock repurchase program.
The filing confirmed another $1 billion remains available under the separate MSTR common share buyback authorization. Strategy executed no sales through its at-the-market equity offering programs between September 14 and September 20, 2026.
Equity market reactions and parallel institutional purchases
Strategy’s common shares advanced 7.4% to $165.2 in pre-market trading on September 21, 2026, according to Yahoo Finance market data. Strategy remains the world’s largest publicly traded corporate holder of digital currency.
Also on September 21, 2026, institutional firm Strive disclosed an acquisition of 1,355 BTC. The transaction was reported in a regulatory filing by Strive, bringing the entity’s aggregate corporate reserves to 26,355 units of the digital asset.
Shares of Strive responded by rising 6.44% to $32.03 during Monday’s pre-market session. Strive currently ranks as the fifth-largest corporate treasury holder of Bitcoin worldwide.
Cash liquidity division and debt service obligations
Strategy’s deployable USD Cash balance fell by nearly 20% to 1.05 billion dollars as of September 20, 2026. That represents a drawdown from the $1.30 billion recorded during the previous weekly accounting period.
The company designates its USD Cash balance for general corporate activities, including discretionary digital asset acquisitions and capital allocation. This fund operates separately from the designated USD Reserve maintained within the company’s treasury architecture.
The company’s segregated USD Reserve balance dropped from $5.10 billion to $5.04 billion during the same seven-day cycle. The reduction occurred as the company allocated 57.4 million dollars toward preferred dividends and outstanding debt interest obligations.
Strategy preserves its $5.04 billion reserve to guarantee recurring dividend payments on STRC equity and service debt obligations. The structure helps cushion balance sheet pressures tied to its corporate debt leverage dynamics developed throughout consecutive cryptocurrency acquisition cycles.
Because no equity was issued under open ATM programs during the third week of September 2026, the company funded all cryptocurrency purchases and share buybacks using internal cash on hand.
Strategy’s next scheduled quarterly financial filing with the SEC, covering the close of the third quarter of 2026, will specify updated liquidity totals and confirm subsequent dividend schedules for STRC shareholders.
This article is for informational purposes and does not constitute financial advice.
