Tag
strc
3 articles
Strategy's STRC Preferred Shares Hit $100, Unlocking Bitcoin Acquisition Path
Strategy's preferred stock reached $100 for the first time since May, enabling the company to issue new shares and fund additional bitcoin purchases.
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.
Strategy Adds $150M to USD Reserve, Holds 840,447 BTC at $63,495
Strategy raised $333.7M selling 3.46M MSTR shares, used proceeds to repurchase $132.2M of STRC and grow its cash buffer to $4.8B.