Strategy Inc Increases Digital Credit Repurchase Program to $2.0B & Provides Bitcoin Holdings Update

Corporate & Treasury Update Overview

Strategy Inc filed Form 8-K to provide weekly updates regarding its Bitcoin treasury operations, ATM equity program activity, and capital return/repurchase authorizations.

Key Disclosures

1. Bitcoin Operations & Holdings:

   • Activity (Aug 31 – Sept 7, 2026): No bitcoin was purchased or sold.
   • Total Holdings: As of September 7, 2026, Strategy holds approximately 845,050 BTC.
   • Cost Basis: Aggregate purchase price of $63.73 billion (~$75,412 per bitcoin, inclusive of fees and expenses).

2. At-The-Market (ATM) Offering:

   • No shares were sold under the ATM offering program during the weekly tracking period.

3. Repurchase Program Expansion & Execution:

   • Digital Credit Securities Repurchase Program: The Board of Directors authorized an increase in the program's capacity from $1.0 billion to $2.0 billion.
   • Remaining Capacity: As of September 7, 2026, $1.19 billion remains available under the Digital Credit Securities Repurchase Program, and $1.0 billion remains available under the MSTR common stock repurchase program.
   • Repurchases Executed (Aug 31 – Sept 7, 2026):
     • STRC (Variable Rate Series A Perpetual Stretch Preferred Stock): Repurchased 1,810,885 shares for an aggregate purchase price of $176.3 million.
     • STRF, STRK, STRD, and MSTR: No shares repurchased during the period.