Strategy Inc. (NASDAQ: MSTR) bought no Bitcoin in the week covered by its September 8, 2026 filing and instead spent $176.3 million repurchasing STRC, its variable-rate cumulative perpetual preferred stock. The company expanded its Digital Credit Securities Repurchase Program to $2 billion from $1 billion, leaving approximately $1.19 billion available, while a separate $1 billion MSTR common-stock authorization remained unused. Strategy raised STRC’s annualized dividend rate from 11.50% to 12.00% and said regular, disciplined repurchases were intended to keep the shares near $99-$100. The decision followed a roughly 10-week Bitcoin-purchase pause, after reported sales of about 7,000 BTC at $59,000-$64,000 and the purchase of 4,603 BTC at an average $80,318 between August 24 and 30. Strategy’s shares traded at $134, down 1.57%, while its internal model placed STRC’s 1x BTC Floor at $13,136 when Bitcoin traded near $78,000-$80,000.