Key Takeaways
According to Bitcoin Magazine, corporate holder Strategy paused bitcoin purchases again last week, focusing on stock buybacks and cash reserves.
According to Bitcoin Magazine, corporate bitcoin holder Strategy halted its bitcoin purchases just one week after resuming them following a 10-week hiatus. Founder and chairman Michael Saylor announced in a regulatory filing that the Nasdaq-listed firm repurchased $176 million of STRC stock and expanded its digital credit securities repurchase program from $1 billion to $2 billion.
As of September 7, 2026, Strategy holds 845,050 bitcoins alongside $6.5 billion in USD assets. Strategy shares traded over 3% lower on Tuesday morning in New York. The firm previously paused bitcoin purchases in June to build cash buffers, buy back stock, and occasionally sell holdings. CEO Phong Le defended previous sales, stating the company achieved a bullet-proof balance sheet. In July, Strategy reported an $8.22 billion quarterly loss, which Le downplayed to investors. Formerly known as MicroStrategy, the enterprise software company shifted to a bitcoin treasury strategy in 2020 to protect shareholders from inflation.
Source & Fact-Check Note
This report is synthesized from coverage by Bitcoin Magazine. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at Bitcoin Magazine ↗
