Strategy repurchases $176M in STRC shares as Bitcoin buying pauses

Strategy repurchased $176 million worth of its STRC preferred stock while holding off on new Bitcoin purchases, according to Cointelegraph. The company also doubled the size of its digital securities repurchase program to $2 billion. The move shifts the company’s immediate capital-allocation focus toward its preferred securities rather than additional BTC acquisitions. STRC is Strategy’s preferred stock, while Bitcoin remains one of the company’s key digital-asset holdings. The update provides no new Bitcoin purchase for the period covered, but confirms that Strategy continues to use its repurchase program alongside its broader digital-asset strategy. Market participants tracking BTC and STRC may view the announcement as a development in Strategy’s approach to balancing preferred-stock activity with cryptocurrency exposure.