Strategy has repurchased $176 million of STRC and raised the size of its Digital Credit Securities Repurchase Program from $1 billion to $2 billion, according to statements from founder Michael Saylor on Tuesday and an SEC filing referenced in the report.
The move increases the company’s capacity to buy back its U.S. securities at a time when investors are closely watching how Strategy balances support for its financing structure with its long-running bitcoin-focused approach. Saylor also said that as of Sept. 7, 2026, the company held 845,050 BTC and $6.5 billion in USD assets.
Repurchase capacity increases
A securities repurchase means the company is buying back instruments already held by investors. By lifting the program limit to $2 billion from $1 billion, Strategy has created more room to continue those purchases if it chooses.
The announcement put fresh attention on how the company manages capital around securities tied to its broader balance-sheet strategy. The reported $176 million STRC repurchase is the latest concrete step disclosed by Saylor.
Focus remains on bitcoin-linked balance sheet risk
In a separate post, Saylor pointed to what Strategy calls “BTC Credit,” a company metric intended to measure risk tied to its bitcoin-backed capital structure.
He said STRC’s BTC Credit tightened to 53 basis points, down 1 basis point, using assumptions of 10% BTC ARR, 40% BTC volatility, and a bitcoin price of $79,809. The metric was presented by the company as one way to frame the risk profile around STRC and related financing decisions.
Questions over underlying demand
The buyback announcement also drew skepticism from Peter Schiff, who questioned whether repurchases solve the more basic issue of investor demand for STRC, which carries a 12% dividend.
That criticism reflects a broader debate around whether Strategy can sustain support for its securities while preserving the logic of its bitcoin-centered model. The tension has become a focal point as the company uses buybacks alongside its large digital asset position.
What investors are watching next
For now, it remains unclear how much the enlarged $2 billion program will ultimately affect STRC trading or demand. The source report said market observers are watching to see whether demand improves without heavier repurchases, or whether the company will need to keep stepping in.
The main indicators identified in the report are STRC’s price and demand, any future repurchase activity, and whether there are changes to Strategy’s stated holding of 845,050 BTC. Schiff’s comments also drew criticism from others online, though Saylor did not publicly respond in the exchange described.
Source: news.bitcoin.com