Michael Saylor's Strategy Inc. purchased $139.3 million of its own STRC preferred stock between September 8-13, marking the second consecutive week without Bitcoin acquisitions. The company funded the buyback entirely from its USD cash reserve.
Michael Saylor's Strategy (formerly MicroStrategy) repurchased $176 million of its STRC preferred shares and expanded its Digital Credit Securities Repurchase Program from $1 billion to $2 billion. The company skipped its typical weekly Bitcoin acquisition to focus on the stock buyback.
Michael Saylor's Strategy sold 1,690 BTC for $108.6 million in the week ending August 9, using all proceeds to buy back STRC preferred shares, marking the second straight week of Bitcoin sales under its monetization program.
Strategy chairman Michael Saylor posted a cryptic 'Doing Business' message on August 9, 2026, days after the company disclosed selling 1,638 BTC at approximately $64,000 per coin—a 15% loss—to fund preferred stock dividends. The company now holds 842,138 BTC valued at $54.66 billion with $9 billion in unrealized losses.
Bitcoin's controversial BIP-110 proposal nears its activation deadline at block 961,632 (approximately August 8, 2026) with minimal miner support of around 2.4%, far below the 55% threshold, raising concerns about a potential network fork. Michael Saylor has called on backers to stand down, while supporters have prepared contingency plans including a proof-of-work hard fork.
Michael Saylor's Strategy has gone five weeks without purchasing Bitcoin following an $8.22 billion quarterly loss, though a recent social media post from Saylor has fueled speculation of an imminent purchase announcement. The company's holdings have been reduced to 843,775 BTC after recent treasury sales.
MicroStrategy, led by chairman Michael Saylor, acquired 1,550 BTC worth approximately $101 million, expanding its Bitcoin treasury to around 845,256 BTC. Bitcoin critic Peter Schiff characterized the purchase as 'damage control.'
Michael Saylor's Strategy sold 32 bitcoin for approximately $2.5 million between May 26-31, marking the company's first bitcoin sale since 2022 and breaking its multi-year accumulation streak. The sale comes as Strategy's holdings dropped to 843,706 BTC, while shares fell in Monday trading.
Strategy executives, including Michael Saylor, announced the company may sell Bitcoin to fund dividend payments or other corporate needs, reversing years of hardline 'never sell' rhetoric as the firm reported its third consecutive quarterly loss.
Michael Saylor announced Strategy (formerly MicroStrategy) will pause its weekly Bitcoin buying program before Tuesday's Q1 earnings release, with Wall Street expecting an $18.98 loss per share. The company plans to resume purchases next week.
Michael Saylor's Strategy purchased 13,927 BTC for approximately $1 billion entirely through STRC perpetual preferred stock sales, bringing total holdings to 780,897 BTC worth around $55 billion—over 3.7% of total Bitcoin supply.
