{"id":77885,"date":"2026-09-08T13:57:45","date_gmt":"2026-09-08T13:57:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/saylor-fires-176m-at-strc-as-strategy-doubles-buyback-war-chest-bitcoin-news\/"},"modified":"2026-09-08T13:57:45","modified_gmt":"2026-09-08T13:57:45","slug":"saylor-fires-176m-at-strc-as-strategy-doubles-buyback-war-chest-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/saylor-fires-176m-at-strc-as-strategy-doubles-buyback-war-chest-bitcoin-news\/","title":{"rendered":"Saylor Fires $176M at STRC as Strategy Doubles Buyback War Chest \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy repurchased $176 million of STRC and expanded its buyback program to $2 billion. The company\u2019s founder Michael Saylor revealed the news.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Gold bug and economist Peter Schiff questioned STRC demand despite its 12% dividend as Strategy supports the security.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Market observers will watch STRC demand and the company\u2019s 845,050 bitcoin holdings.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Strategy Doubles Its Buyback Capacity<\/h2>\n<p><a href=\"https:\/\/www.strategy.com\/press\/strategy-repurchases-176-million-of-strc-and-increases-digital-credit-securities-repurchase-program-to-2-billion_09-08-2026\" target=\"_blank\" rel=\"noopener noreferrer\">The move, filed<\/a> with the U.S. Securities and Exchange Commission (SEC), affects Strategy\u2019s U.S. securities and its broader effort to finance a massive bitcoin position. As of Sept. 7, Strategy disclosed that it held 845,050 bitcoin and $6.5 billion in U.S. dollar assets, according to Saylor\u2019s X post.<\/p>\n<p>\u201cStrategy has repurchased $176M of STRC and increased the size of its Digital Credit Securities Repurchase Program from $1.0B to $2.0B. As of 9\/7\/26, we hold 845,050 BTC and $6.5B of USD Assets,\u201d Saylor said. The X post came on Tuesday instead of Monday due to the fact that the U.S. recognized Labor Day<\/p>\n<p>A repurchase means that Strategy is buying back securities already held by investors. Increasing the program gives the company more room to make those purchases.<\/p>\n<h2>Saylor Points to Tighter Bitcoin Credit Risk<\/h2>\n<p>Saylor also highlighted in another X post what Strategy calls \u201cBTC Credit,\u201d a company metric designed to measure risk associated with its bitcoin-backed capital structure.<\/p>\n<p>\u201cSTRC\u2019s BTC Credit tightened to 53 bps (-1 bp), assuming 10% BTC ARR, 40% BTC Vol, and a BTC price of $79,809. Learn more about Strategy\u2019s BTC Credit metrics,\u201d <a href=\"https:\/\/x.com\/saylor\/status\/2097295952067400147?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">Saylor remarked on the social media platform<\/a>.<\/p>\n<p>A basis point, or bp, equals one-hundredth of a percentage point. Saylor\u2019s calculation assumes bitcoin returns 10% annually, carries 40% volatility, and trades at $79,809. When Saylor published his post, BTC was trading below that range and <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-loses-steam-as-bears-circle-critical-78k-floor\/\">struggling to hold $78,000<\/a>.<\/p>\n<h2>Schiff Questions Whether STRC Demand Can Hold<\/h2>\n<p>Then, longtime bitcoin critic Peter Schiff came with main character energy and questioned whether the share buybacks address the underlying demand for STRC, which carries a 12% dividend.<\/p>\n<p>\u201cWhat\u2019s your goal? Even if you push STRC back to $100 you won\u2019t be able to issue more. There clearly is not enough demand at the current 12% dividend. If you sell, the price would drop again and you\u2019ll have to resume buybacks. Just ending the buyback will cause the price to drop,\u201d <a href=\"https:\/\/x.com\/PeterSchiff\/status\/2097298775232372752?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">Schiff wrote to Saylor<\/a>.<\/p>\n<p>His criticism gets to the key question: whether STRC can attract enough investors without continued support from Strategy. There\u2019s a great deal of attention on that balance because the company is walking a tightrope between supporting its securities and maintaining its bitcoin-centered strategy. Strategy\u2019s founder did not respond to Schiff\u2019s commentary.<\/p>\n<h2>Investors Watch Whether Demand Picks up Steam<\/h2>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/peter-schiff-says-strategys-strc-plan-hurts-mstr-shareholders\/\">Per usual, Schiff hopes Saylor and team get caught flat-footed<\/a>, but the next test is fairly simple. Market observers can watch whether STRC demand starts picking up steam without heavier repurchases, or whether or not Strategy must keep buying.<\/p>\n<p>For now, whether the expanded $2 billion program materially moves the needle is anyone\u2019s guess. The key numbers to watch are STRC\u2019s price and demand, future repurchases, and any changes in Strategy\u2019s 845,050-bitcoin position as the dust settles. Schiff\u2019s commentary was also met with its own criticism, and even though Saylor did not reply, others did for him.<\/p>\n<p>\u201cWhen STRC returns to par, he has proved he is fully behind STRC, which will boost confidence. Remember when you said it was down to $75 and you said it was dead?\u201d <a href=\"https:\/\/x.com\/SaltofEngland\/status\/2097300017841045710?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">one person asked Schiff<\/a>. The bitcoin critic and gold proponent also did not respond to jabs against his statement on Tuesday.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/saylor-fires-176m-at-strc-as-strategy-doubles-buyback-war-chest\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Strategy repurchased $176 million of STRC and expanded its buyback program to $2 billion. The company\u2019s founder Michael Saylor revealed the news. Gold bug and economist Peter Schiff questioned STRC demand despite its 12% dividend as Strategy supports the security. Market observers will watch STRC demand [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":77886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77885"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77885"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77886"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}