# Strategy Buys No Bitcoin for a Second Week and Doubles Its Preferred-Share Buyback to $2 Billion

The company spent $176.3 million repurchasing STRC as Michael Saylor's 8 September recovery date arrived with the shares still below their $100 stated value, while rival Strive's SATA approaches a $1 billion market capitalization.

- Published: 2026-09-09T05:46:55.977Z
- Canonical: https://polylog.news/crypto/2026-09-09/strategy-buys-no-bitcoin-for-a-second-week-and-doubles-its-p
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/strategy-pauses-bitcoin-buys-doubles-buyback-plan/), [CryptoSlate](https://cryptoslate.com/strategy-doubles-its-stock-buyback-to-2-billion-to-pull-its-strc-shares-back-to-100/), [CoinDesk](https://www.coindesk.com/markets/2026/09/08/strive-s-sata-nears-usd1-billion-market-cap-as-strategy-s-strc-continues-to-underperform), [CryptoSlate (Metaplanet)](https://cryptoslate.com/metaplanets-bitcoin-boom-quietly-turned-a-46-million-share-executive-pay-plan-into-a-319-million-share-windfall/)

Strategy, the bitcoin treasury company formerly known as MicroStrategy, bought no bitcoin last week and instead spent $176.3 million repurchasing its STRC preferred shares, leaving its holdings at 845,050 bitcoin. The board then doubled the…

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