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      Strategy Increases Preferred Stock Repurchase Authorization to $2 Billion

      Strategy has announced a significant increase in its preferred stock repurchase authorization, raising it from $1 billion to $2 billion. This decision reflects the company's ongoing commitment to managing its capital effectively.

      As of September 7, 2026, Strategy's Bitcoin holdings remained stable at approximately 845,050 BTC, with no purchases or sales occurring during the previous week. The company also did not engage in any share sales through its ATM program during this period.

      In the same timeframe, Strategy repurchased 1.81 million shares of its common stock for a total of $176.3 million, utilizing its USD Cash reserves. The company reported a total of $5.1 billion in its USD Reserve and approximately $1.4 billion in USD Cash, with $1.19 billion still available for preferred stock repurchases and an additional $1 billion allocated for its MSTR repurchase program.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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