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FILINGStrategy (MSTR) · 8-K · accepted Monday, Sep 14, 2026, 8:00 AM ET

Strategy bought back $139.3M of STRC

From Strategy’s 8-K, accepted by the SEC on Sep 14, 2026 at 8:00 AM ET.

What it says

Strategy reports no ATM sales and no bitcoin purchases or sales for Sept 8-13, 2026, holds ~845,050 BTC, repurchased 1,420,467 STRC shares for $139.3M, and has a USD Reserve of $5.10B and USD Cash of $1.30B.

The numbers

Average bitcoin cost$75,412as of Sep 13
Total bitcoin cost$63.73Bas of Sep 13
Bitcoin held845,050 BTCas of Sep 13
Repurchase cost$0as of Sep 13
Repurchase cost · STRC$139.3Mas of Sep 13
Repurchase capacity left$1.00Bas of Sep 13
Repurchase capacity left · STRC$1.05Bas of Sep 13
Shares repurchased0 sharesas of Sep 13
Shares repurchased · STRC1,420,467 sharesas of Sep 13
Other cash$1.30Bas of Sep 13
USD Reserve$5.10Bas of Sep 13

What it changed

mNAV
1.13xSep 11 close
1.16xSep 14 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
187,742Sep 11 close
187,742Sep 14 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
44.1 yrsSep 11 close
45.0 yrsSep 14 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $1.63B to $1.61B: 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

Strive set SATA’s rate at 13.00%8-K · 8:55 PM ETStrive bought 469 BTC, bringing its total to 25,000 BTC8-K · 7:59 AM ETThe Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 8-K filed by Strategy Inc with the SEC, accepted Monday, Sep 14, 2026, 8:00 AM ET. Accession 0001193125-26-389858.
Read the filing on SEC EDGAR ↗
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.
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Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.