Strategy Shifts Focus to Stock Buybacks and Cash Reserves

The company has shifted its focus toward stock buybacks and cash reserves. It repurchased $176 million of STRC shares and expanded its digital credit securities repurchase program from $1 billion to $2 billion.

As of September 7, 2026, the firm holds 845,050 BTC, valued at over $66 billion. The average purchase price for these holdings is $63.73 billion.

The company's financial reports show a quarterly loss of $8.22 billion recorded in July. CEO Phong Le stated that this paper loss is not a cause for concern for investors.

Strategy, formerly known as MicroStrategy, transitioned from enterprise software to a bitcoin treasury model in 2020 to protect shareholders from inflation. The firm has previously paused purchases in June to build a cash buffer.