01—Abstract
Summary
Summary of the 8-K filed September 28, 2026. Cited figures are marked; the original filing is the authoritative source.
Strategy Inc reported weekly updates for the period September 21 to September 27, 2026, covering at-the-market (ATM) sales, bitcoin purchases, preferred stock repurchases, and its capital reserves.
The company sold 1,469,165 shares of MSTR Class A Common Stock under its ATM program, generating $246.2 milliona in net proceeds. Of that amount, $142.7 million funded bitcoin purchases and $103.5 million funded repurchases of STRC preferred stock. No preferred stock was sold through the ATM during the period.
Strategy acquired 1,665 bitcoin for an aggregate purchase price of $142.7 millionb, bringing aggregate holdings to 847,666 bitcoin as of September 27, 2026, with an aggregate purchase price of $63.95 billion. The company also repurchased 1,534,530 shares of STRC stock for $151.7 million. As of the report date, $723.5 million remained available under its digital credit securities repurchase program and $1.0 billion remained available under its MSTR Stock repurchase program.
Strategy's USD Reserve stood at $5.02 billionc and its USD Cash at $1.00 billion as of September 27, 2026. During the period, $48.1 million of USD Cash funded STRC repurchases and $22.1 million of the USD Reserve funded preferred stock dividend payments. The company also noted that its website dashboard is a disclosure channel under Regulation FD, and that the Item 7.01 information is furnished rather than filed.
02—Key points
Key Highlights
- Sold 1,469,165 shares of MSTR Class A Common Stock via ATM for $246.2 million in net proceeds; no preferred stock sold in the period
- Of the MSTR ATM net proceeds, $142.7 million funded bitcoin purchases and $103.5 million funded STRC repurchases
- Purchased 1,665 bitcoin for $142.7 million; aggregate holdings reached 847,666 bitcoin with an aggregate purchase price of $63.95 billion
- Repurchased 1,534,530 shares of STRC stock for $151.7 million during the period
- Remaining capacity: $18,844.4 million MSTR ATM availability, $723.5 million preferred repurchase authority, and $1.0 billion MSTR Stock repurchase authority
- USD Reserve of $5.02 billion and USD Cash of $1.00 billion as of September 27, 2026
- USD Reserve used for $22.1 million in preferred dividends and USD Cash used for $48.1 million in STRC repurchases during the period
03—Questions
Frequently Asked Questions
How much capital did Strategy raise through its at-the-market program this period?
Strategy sold 1,469,165 shares of MSTR Class A Common Stock for $246.2 million in net proceeds, net of sales commissions. No shares of the preferred stock series were sold during the period.
How was the ATM capital used?
The filing states that $142.7 million of MSTR net proceeds funded bitcoin purchases and $103.5 million funded repurchases of STRC stock under the digital credit securities repurchase program.
How much bitcoin does Strategy hold now?
As of September 27, 2026, Strategy's aggregate bitcoin holdings were 847,666 bitcoin, with an aggregate purchase price of $63.95 billion inclusive of fees and expenses. During the period, it purchased 1,665 bitcoin for $142.7 million.
How much remains available for share repurchases?
Of the digital credit securities repurchase program, $723.5 million in aggregate purchase price of preferred stock remains available. Of the MSTR Stock repurchase program, $1.0 billion remains available.
What reserves does Strategy maintain to support its obligations?
Strategy maintains a USD Reserve intended to support preferred stock dividends and interest on its debt, which stood at $5.02 billion as of September 27, 2026. It also maintains USD Cash, which management may deploy for general Bitcoin Treasury Company purposes, which stood at $1.00 billion on the same date.
04—Continue