Strategy shares fell 3.82% to $137.35 as Bitcoin slipped below $80,000, while the company’s internal model placed the 1x BTC Floor for its STRC preferred stock at $13,136. The threshold represented an approximately 83% decline from Bitcoin prices near $78,000-$80,000. Strategy doubled its Digital Credit Securities Repurchase Program to $2 billion from $1 billion, but the authorization covers STRC preferred equity rather than MSTR common shares. Strategy reported 845,050 Bitcoin, with USD assets reported at $6.71 billion in late-August disclosures and $6.5 billion as of September 7, 2026. The BTC Rating is an illustrative internal coverage measure, not a credit rating, default trigger or guarantee of investor recovery.