Strategy, formerly MicroStrategy, acquired 950 BTC in the week through September 20, lifting its holdings to 846,000 BTC, while repurchasing $174 million of its Nasdaq-listed Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC. At the $81,200 Bitcoin price used in Monday's filing, the coins were worth about $77 million, making the preferred-stock repurchase more than twice as large. The Bitcoin purchase ended a two-week accumulation gap but was about 79% smaller in dollar terms than Strategy's August 31 acquisition of 4,603 BTC for $369.7 million. Bitcoin later traded near $85,020, up almost 6% over 24 hours. Strategy began buying STRC in late July at an average of $86.52 per share; the stock closed at $98.51 on Friday. Chief Executive Phong Le said repurchases below $100 can reduce future preferred-dividend requirements at a discount. The program is funded by common-share sales and potential Bitcoin sales rather than the company's $6.09 billion dollar holdings. The next Monday filing will indicate whether 950 BTC was a floor or a new run rate.