Strategy Skips Bitcoin for Second Straight Week, Spends $139 Million on STRC Buyback Ahead of Fed Rate Decision

Strategy, the world's largest corporate Bitcoin holder, did not purchase any Bitcoin for a second consecutive week, leaving its holdings flat at 845,050 BTC. Instead, the company deployed $139.3 million to repurchase shares of its STRC preferred stock, a rare tactical shift that signals a reallocation of capital away from its signature Bitcoin accumulation strategy. Strategy's 845,050 BTC represents roughly 4% of Bitcoin's 21 million coin supply cap and carries a market value of approximately $66 billion.

The pause comes as Bitcoin faces a potentially pivotal week tied to the Federal Reserve's first rate hike in three years. The FOMC is scheduled to meet September 15-16, and 86.5% of investors tracked by the CME FedWatch Tool expect a 25-basis-point increase, with prediction markets Kalshi and Polymarket showing odds around 79%. Analysts warn that the Fed's forward guidance on the rate path may matter more than the hike itself, as tighter monetary conditions could shift capital toward safer assets and weigh on crypto markets.

Bitcoin's price reflected the uncertainty, sliding to $76,370 before buyers pushed it back to $78,329. Traders are watching $79,000 as near-term resistance and $80,000 as a key level to reclaim. Separately, a potential compromise on the CLARITY Act in the U.S. Senate could reshape digital asset regulation, with new ethics rules and a larger role for state officials under discussion, though the bill's momentum depends on the Senate's next steps.