preferred stock

Strategy

2026-09-14 15:41:46

Strategy Repurchases $139.3 Million of STRC as Bitcoin Holdings Stay Flat for a Second Week

Strategy repurchased 1,420,467 shares of its STRC preferred stock for $139.3 million in the week ended Sept. 13, according to an 8-K filed with the U.S. Securities and Exchange Commission on Monday. The buyback was lower than the $176.3 million spent a week earlier, after the company’s board doubled the authorization for its digital credit securities repurchase program to $2 billion. Strategy made no Bitcoin purchases or sales during the period, leaving its holdings unchanged at 845,050 BTC for a second straight week. The company said it acquired that position for $63.73 billion at an average price of $75,412 per coin, including fees. As of Sept. 13, about $1.05 billion remained under the digital credit securities buyback program, while a separate $1 billion authorization for MSTR common stock had not been used. Strategy also reported $5.10 billion in USD Reserve and $1.30 billion in USD Cash. The company is also awaiting an MSCI decision tied to a proposal that could remove “non-operating companies” such as Strategy from its global equity benchmarks, with consultation feedback due Sept. 30 and a decision expected Oct. 16.

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DeFi Developm

2026-09-14 13:01:48

DeFi Development Corp. raises SOL holdings to about 2.3889 million and sets up $300 million ATM program

DeFi Development Corp., a Solana treasury company listed on Nasdaq under the ticker DFDV, said its total SOL holdings rose by 55,491 tokens from Aug. 27 to roughly 2.3889 million SOL and SOL equivalents, an increase of about 2%, according to GlobeNewswire. The company also announced an at-the-market program for up to $300 million of its variable rate Series C perpetual preferred stock, trading under the symbol CHAD. R.F. Lafferty & Co. will act as the exclusive sales agent. DeFi Development said the offering price is expected to be no lower than the $10 per share par value, and that net proceeds would be used primarily to acquire additional SOL. The company added that establishing the CHAD ATM program does not mean financing will begin right away, and it is under no obligation to sell any shares.

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Solana

2026-09-14 13:11:19

DFDV adds 55,491 SOL and sets up $300 million CHAD facility for more purchases

DeFi Development Corp. (Nasdaq: DFDV), a Solana treasury company, said its SOL and SOL equivalents holdings rose by 55,491 tokens to about 2.3889 million, up roughly 2% from Aug. 27. The company said continued SOL purchases, along with staking and other yield-generating strategies, have helped expand its SOL position. At the same time, DFDV established an at-the-market program for up to $300 million of CHAD perpetual preferred stock, with R.F. Lafferty & Co. serving as the exclusive sales agent. The company said it plans to issue CHAD at a price of no less than $10 per share, and that most of the proceeds are intended for additional SOL purchases. DFDV also said creating the ATM facility does not mean it will raise capital immediately, nor does it obligate the company to sell shares. In its statement, the firm said the new financing tool strengthens what it described as a capital cycle of raising funds, buying SOL, generating yield, and increasing SOL per share. The company added that, so far in the third quarter, SOL has outperformed the Nasdaq 100 by 39%, while DFDV's own performance has been about twice that of SOL over the same period.

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Strategy

2026-09-09 10:22:55

Strategy Doubles Preferred Buyback Authorization to $2 Billion After $176.3 Million STRC Repurchases

Strategy has expanded the buyback capacity for its preferred securities after stepping into the market to repurchase STRC below par. In an 8-K filed Tuesday, the company said its board approved an increase in the aggregate authorization under the Digital Credit Securities Repurchase Program from $1 billion to $2 billion. As of Sept. 7, $1.19 billion remained available under the enlarged authorization. The filing shows Strategy repurchased 1,810,885 shares of STRC, its variable-rate perpetual preferred stock, for $176.3 million between Aug. 31 and Sept. 7. That implies a price of roughly $97 per share, under the instrument’s $100 par value. No STRF, STRK, STRD, or MSTR shares were bought back during the same period. Strategy said the repurchases were funded entirely with U.S. dollar cash. It also sold no shares through its at-the-market program and made no bitcoin purchases or sales during the week, leaving its holdings unchanged at 845,050 BTC acquired for $63.73 billion, or an average of $75,412 per coin. The company reported $5.10 billion in its USD Reserve and another $1.44 billion in general-purpose U.S. dollar cash.

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Solana

2026-09-02 05:57:57

Solana Treasury Firm DFDV Plans Up to $20M Preferred Share Offering to Buy More SOL

Solana treasury company DeFi Development Corp (DFDV) has proposed a public offering of up to $20 million in Variable Rate Series C perpetual preferred stock, earmarking the proceeds for additional SOL purchases. The preferred shares carry a par value of $10 and a variable dividend with an initial annual rate of 13%; the first scheduled dividend date is Oct. 1, 2026. A 12-month dividend reserve fund will be established at closing and may be funded with cash, financial instruments or crypto assets. R.F. Lafferty & Co is the book-running manager. DFDV said the funds will be used for general corporate purposes, including buying more SOL and other crypto-related investments. The announcement follows a week in which DFDV resumed accumulation, paying an average $98.14 for about 19,000 SOL and lifting its holdings to around 2.33 million SOL. SOL was changing hands near $103. CEO Joseph Onorati said the company is built to provide leveraged exposure to Solana. The offering adds to a broader trend of listed SOL treasury firms including SOL Strategies, which is cleared for Nasdaq, and Classover, which previously announced a $500 million reserve build.

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Strive

2026-09-01 20:31:28

Strive's SATA Raises Enough for 104 BTC on 9th Consecutive Day of Preferred Stock Financing

Strive's SATA has raised sufficient capital to purchase 104 Bitcoin via preferred stock financing for the ninth consecutive day, as reported by BitcoinTreasuries.NET.

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Strategy

2026-09-01 09:29:33

Strategy Spends $635M Buying Back STRC as Preferred Stock Sits Below Par

Strategy has spent $635 million buying back its perpetual preferred stock, STRC, according to CoinDesk. Despite the growing repurchases, STRC trades at $97.34, about 2.7% below its $100 par value. In contrast, another perpetual preferred stock, SATA, has held its $100 par value. SATA offers a higher dividend rate, which has helped support its price. STRC's buyback program has not yet pushed it back to par. The two securities now trade at different levels relative to their par values. Strategy's spending on STRC repurchases continues, while SATA's dividend advantage stands out as a key difference.

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Bitcoin

2026-09-01 05:07:13

Strategy Resumes Bitcoin Buying After Easing STRC Dislocation and Cash Pressure

Strategy has resumed buying Bitcoin after more than two months of selling, disclosing that it purchased 4,603 BTC between Aug. 24 and Aug. 30 for about $369.7 million at an average price of $80,318. As of Aug. 30, the company held 845,050 BTC acquired for roughly $63.73 billion at an average cost basis of $75,412. The new purchase came alongside two other balance sheet moves in the same week: a roughly $30 million contribution to its USD Cash liquidity account and a $151.8 million repurchase of 1.557 million shares of STRC. Strategy said its USD Reserve stood at $5.1 billion and USD Cash at $1.61 billion as of Aug. 30, bringing total dollar-denominated assets in those two buckets to $6.71 billion. The report argues that the company’s BTC sales over the past two months were less about calling a market top and more about dealing with a more immediate problem: STRC’s price dislocation from its intended $100 level and the cash reserve strain exposed by that move. Since late June, Strategy has sold part of its BTC holdings, continued to raise funds through MSTR ATM sales, and repurchased STRC in size. With STRC reportedly back near $97 and the company returning to net BTC purchases, the market risk that had drawn the most attention appears to have eased for now, even if it has not fully disappeared.

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