01—Abstract
Summary
Summary of the 8-K filed September 21, 2026. Cited figures are marked; the original filing is the authoritative source.
Strategy Inc filed this Form 8-K on September 21, 2026 to report its weekly capital activity for the period September 14 to September 20, 2026.
As of September 20, 2026, Strategy held 846,000 bitcoin with an aggregate purchase price of $63.80 billiona and an average purchase price of $75,416 per bitcoin, inclusive of fees and expenses. During the period it bought 950 bitcoin for an aggregate purchase price of $75.7 million, at an average of $79,670 per bitcoin, funded with USD Cash. On the capital side, Strategy repurchased 1,771,238 shares of its STRC preferred stock for $174.0 million during the period, and did not repurchase shares of STRF, STRK, STRD or MSTR common stock.
It sold no shares under its at-the-market offering program during the period. The filing states that $875.1 millionb of preferred stock repurchase capacity remains under its digital credit securities repurchase program and $1.0 billion remains under its MSTR Stock repurchase program. Liquidity figures disclosed as of September 20, 2026 show a USD Reserve of $5.04 billion and USD Cash of $1.05 billion.
During the period, Strategy used $57.4 millionc of the USD Reserve to pay preferred dividends and debt interest. The filing also includes a Regulation FD disclosure noting that Strategy's website dashboard is used as a disclosure channel.
02—Key points
Key Highlights
- Bitcoin holdings reached 846,000 BTC as of September 20, 2026, with an aggregate purchase price of $63.80 billion and an average purchase price of $75,416.
- Strategy bought 950 BTC during September 14 to September 20, 2026, for an aggregate purchase price of $75.7 million at an average of $79,670 per bitcoin.
- Strategy repurchased 1,771,238 STRC preferred shares for $174.0 million during the period; no repurchases were made of STRF, STRK, STRD or MSTR common stock.
- No shares were sold under the at-the-market offering program during the period.
- USD Reserve balance was $5.04 billion and USD Cash balance was $1.05 billion as of September 20, 2026.
- Strategy used $57.4 million of the USD Reserve to fund preferred dividends and debt interest during the period.
- Remaining repurchase capacity includes $875.1 million under the digital credit securities program and $1.0 billion under the MSTR Stock program.
03—Questions
Frequently Asked Questions
How much bitcoin does Strategy hold and what did it cost?
As of September 20, 2026, Strategy held 846,000 bitcoin with an aggregate purchase price of $63.80 billion and an average purchase price of $75,416 per bitcoin, inclusive of fees and expenses.
How much bitcoin did Strategy buy in the most recent week?
During September 14 to September 20, 2026, Strategy purchased 950 bitcoin for an aggregate purchase price of $75.7 million, at an average price of $79,670 per bitcoin, funded with USD Cash.
Did Strategy issue new shares through its at-the-market program?
No. The filing states that Strategy did not sell any shares under its at-the-market offering program between September 14 and September 20, 2026.
What share repurchases did Strategy make and how much capacity remains?
Strategy repurchased 1,771,238 STRC preferred shares for $174.0 million. The filing states $875.1 million remains under the digital credit securities repurchase program and $1.0 billion remains under the MSTR Stock repurchase program.
What are the USD Reserve and USD Cash balances?
As of September 20, 2026, the USD Reserve was $5.04 billion, intended to support preferred dividends and debt interest, and USD Cash was $1.05 billion, which management maintains for general Bitcoin Treasury Company purposes.
04—Continue