STRC's Test Reported: The Paper Won Sept 8 par-test verdict by 8-K: no BTC bought/sold; $176M STRC repurchased, buyback DOUBLED to $2B; reserves −$176M to ~$6.5B; 845,050 BTC unchanged — the war chest chose the preferred
Sep 1, 2026 ✦ Take ▶ 2 clipsStrategy Buys Back What It Sold Strategy resumes buying after ten weeks — 4,603 BTC at ~$80,318 ($369.7M) from a $603M MSTR sale, remainder to STRC support; holdings 845,050 — still below June's 846,000 after summer sales of ~5,278 BTC at $59–64K
Strategy Builds $6.69B Cash Reserve Strategy raises $2B via MSTR sales, opens a discretionary $1.59B "USD Cash" pool (total USD reserves ~$6.69B, ~47 months of obligations), second straight week of no BTC purchases; 840,447 BTC unchanged
Strategy Back in the Black — By 2% BTC's move above Strategy's ~$75,385 average cost flips a reported $13B paper loss to a ~$1.4B paper profit — about 2% — while STRC hits a two-month high near its $100 September target and MSTR runs ~32% in three days
Strategy Pauses Coin Sales, Not the Flywheel Strategy raises $334M via share sales while making no Bitcoin purchases and no BTC sales for the week.
Strategy Sells Again, STRC Nears Par Strategy sells another 1,690 BTC (~$108M) below cost and raises $653M from MSTR shares, lifting its reserve to $4.75B and buying $109M more STRC — now within ~$5 of the $100 par its September deadline targets
Strategy Sells Below Cost, Reserve Hits $4B Strategy sells 1,638 BTC (~$105M) at roughly $64,000 a coin — below its ~$75,400 average cost — repurchasing $81.2M of STRC near $89 and lifting its dollar reserve to $4B as the buying pause extends
Strategy's $8B Loss, First BTC Sales Strategy posts an $8.22B unrealized Q2 loss, confirms its first bitcoin sales in four years (~$218M, to fund preferred dividends), pauses buying to build a $3.75B reserve, and gives STRC until September to recover toward par
Strategy Plans $1.25B Bitcoin Buy Strategy unveils $1.25B Bitcoin acquisition plan, sending MSTR shares surging 27% as purchase pause ends.
Strategy Reveals BTC Floor Metric Strategy publishes minimum BTC return threshold below which restructuring may be required, alongside new Net Bitcoin Per Share metric and $54.88B holdings dashboard
Strategy CEO Sets BTC Buy Trigger Strategy CEO states debt concerns only activate below $10,000 BTC and ties Bitcoin purchase resumption to STRC reaching $100 par value
Strategy Pauses Bitcoin Buying Again Strategy completes a third consecutive week without Bitcoin purchases while raising $467 million through MSTR share sales, bringing its total cash reserve to approximately $3 billion.
Saylor Pitches to Middle East Saylor presents Bitcoin-funded dividend model to sovereign Middle Eastern audience and discloses $1.25B BTC sale authorization.
Strategy BTC Capacity and Sale Scrutinized Mizuho cut Strategy's price target to $213 while citing 110% upside, and a VanEck executive clarified that last week's $135M BTC sale did not consume any of the board-approved monetization program quota.
Strategy Sells BTC, Eyes Bigger Buy Strategy executed a confirmed 3,588 BTC sale for $216M, with Saylor publicly hinting at a larger subsequent purchase and analyst Jiang Zhuoer warning the full approved 20,000 BTC may be sold.
Saylor Tracker Signals Possible BTC Buy Saylor released a new Bitcoin Tracker post on July 6, historically preceding confirmed BTC purchases; he also published a statement on Bitcoin's four-year cycle and released a nine-point thesis on Bitcoin's next decade.
Strategy Sells BTC, Launches $2B Buyback Strategy formally authorized up to $1.25B in Bitcoin sales and unveiled a $2B stock buyback alongside a new capital framework, breaking its longstanding no-sell posture.
MSTR Hits 16-Month Low on BTC Losses STRC slides 26% below par and MSTR hits a 16-month low at $85; unrealized BTC losses reported at over $13B; a securities lawsuit filed against MSTR; a director sold shares at the record-low price.
Strategy Hits Two-Year Low on BTC Losses MSTR shares fell below $100 to a two-year low, unrealized losses widened to $12.6B, and analysts publicly called for a halt to BTC purchases; STRC hit new lows.
Strategy Holds 846K BTC After Stress Event Saylor confirmed Strategy holds 846,842 BTC worth $54.3B with $9.7B unrealized loss and hinted at further purchases; STRC stress context continues.
Strategy BTC Covers 32 Years of Dividends Strategy confirmed its BTC reserves are sufficient for 32 years of dividends; Saylor confirmed ongoing BTC sales to fund dividends with no margin call risk; STRC preferred stock fell to a new record low below $85.
Strategy Buys 1,587 More Bitcoin Strategy buys 1,587 BTC for $100M, lifting total holdings to 846,842 BTC
