Strategy spent about $950.8 million repurchasing STRC variable-rate preferred shares from July 20 through Sept. 13, more than double the $369.7 million it spent acquiring Bitcoin over the same eight reporting periods. Its latest $139.3 million purchase covered 1,420,467 STRC shares between Sept. 8 and 13 and was funded entirely from USD Cash, while the company neither traded Bitcoin nor sold securities through its at-the-market program. Strategy held 845,050 BTC and $1.3 billion in USD Cash as of Sept. 14, alongside a separate $5.1 billion USD Reserve designated for preferred dividends and debt interest. Average daily dollar trading volume in Strategy shares rose to $2.8 billion through Sept. 11, 2026, from about $300 million annually between 2020 and 2023.