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Strategy reportedly buys back $25 million of STRC preferred shares

Strategy reportedly buys back $25 million of STRC preferred shares

Strategy lifted cash reserves to $3.75 billion through stock sales and made no Bitcoin purchases for a fifth straight week, while Ethereum treasury company Bitmine kept buying ETH.

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Fact Check
Strategy's official Form 8-K (July 27, 2026) directly confirms the core claim: 288,930 STRC preferred shares were repurchased for $25.0 million during July 20-26, no bitcoin was acquired that week, and the USD reserve stood at $3.75 billion (up $525M). The company's official press release independently confirms the $3.75B reserve and 843,775 BTC holding. The 'three straight weeks without adding Bitcoin' phrasing describes the ongoing pause; the 8-K confirms no acquisition in the latest week and holdings unchanged. The premarket price move details (STRC +2%, MSTR +2.31%) are the only elements not verified against primary sources, but the substantive financial claims are fully corroborated.
Summary

Strategy repurchased 288,930 shares of its STRC preferred stock for $25 million between July 20 and July 26, while continuing to build liquidity and refraining from buying more Bitcoin for a fifth straight week. Ember said the company raised about $525 million through stock sales, taking cash reserves to roughly $3.75 billion, enough to cover about 25 months of interest expense, and is not expected to buy more Bitcoin in the near term. Strategy still holds 843,775 BTC and was sitting on an unrealized loss of about 13.9%. Ethereum treasury company Bitmine also maintained its accumulation strategy, buying 9,946 ETH last week at about $1,897 each for around $18.87 million. That left Bitmine with 5,787,414 ETH and an unrealized loss of about 42.2%, underscoring the pressure falling crypto prices can place on corporate treasury strategies built around digital-asset accumulation.

Terms & Concepts
  • preferred stock: A class of shares that typically carries priority over common stock for dividends and certain repayment claims.
  • unrealized loss: A decline in the value of an asset that has not been locked in through a sale.
  • treasury strategy: A corporate approach to holding specific assets on the balance sheet as part of capital allocation.