Tag
preferred stock
2 articles
Strategy's STRC Hits $99.88 as Saylor Spends 7x More on Buybacks Than Bitcoin
MicroStrategy repurchased $368.7 million of its STRC preferred stock in two weeks while acquiring just $50.2 million in bitcoin, driving the share price to a five-month high despite Saylor's July pledge to slow purchases near $100.
DeFi Development Authorizes CHAD Buyback Below $10 Par
The Solana treasury firm greenlighted an open-ended repurchase program for its preferred stock to establish liquidity and defend the $10 face value.