# Strategy Split a $603 Million Share Sale Between Bitcoin and Propping Up Its Preferred Stock

One third of the week's equity raise went to buybacks and dividends on the STRC preferred, and the bitcoin it bought was purchased above the current market level.

- Published: 2026-09-01T05:55:37.258Z
- Canonical: https://polylog.news/crypto/2026-09-01/strategy-split-a-603-million-share-sale-between-bitcoin-and
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/strategy-splits-603-million-share-sale-between-bitcoin-purchases-and-strc-support/), [Bitcoin Magazine](https://bitcoinmagazine.com/news/bitcoin-treasury-strategy-opposes-msci), [Bitcoin Magazine (Strive)](https://bitcoinmagazine.com/news/strive-becomes-fifth-biggest-treasury), [Polylog editors](https://polylog.news)

Strategy raised $603 million from common-stock sales in a single week and allocated it three ways: $369.7 million to bitcoin, $202.5 million to buybacks and dividends on its STRC preferred shares, and $30 million to cash. The bitcoin purcha…

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