FILINGStrategy (MSTR) · 8-K · accepted Tuesday, Sep 8, 2026, 8:00 AM ET
Strategy bought back $176.3M of STRC
From Strategy’s 8-K, accepted by the SEC on Sep 8, 2026 at 8:00 AM ET.
What it says
Strategy reports no ATM sales or bitcoin transactions for Aug 31, Sep 7, 2026, holdings of ~845,050 BTC, STRC repurchases of 1,810,885 shares for $176.3M, a Digital Credit Securities Repurchase Program increase to $2.0B, and USD Reserve of $5.10B.
The numbers
| Average bitcoin cost | $75,412 | as of Sep 7 |
| Total bitcoin cost | $63.73B | as of Sep 7 |
| Bitcoin held | 845,050 BTC | as of Sep 7 |
| Repurchase cost · STRC | $176.3M | as of Sep 7 |
| Repurchase capacity left · STRC | $1.19B | as of Sep 7 |
| Shares repurchased · STRC | 1,810,885 shares | as of Sep 7 |
| Other cash | $1.44B | as of Sep 7 |
| USD Reserve | $5.10B | as of Sep 7 |
What it changed
mNAV
1.18xSep 4 close
1.15xSep 8 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
187,742Sep 4 close
187,742Sep 8 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
44.9 yrsSep 4 close
44.8 yrsSep 8 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $1.65B to $1.63B: a new preferred counts once Strategy’s reported cash and bitcoin include the money it raised, and this filing is the first that does
Also that day
Source
Form 8-K filed by Strategy Inc with the SEC, accepted Tuesday, Sep 8, 2026, 8:00 AM ET. Accession 0001193125-26-384402.
Summary and figures read from the filing by Orange Paper’s filing reader and checked before publishing. Calculations (pro forma and close figures) are ours.