Strategy’s STRC Hits $100 for First Time Since May
AI summary
Strategy's STRC preferred stock traded at $100 for the first time since May, recovering after roughly $2.25 billion of buybacks. The price now sits at Strategy's stated minimum threshold for new issuance. Traders watching Strategy's capital-raising capacity will note the stock is back at a level that could allow fresh preferred issuance.
Narrative history
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31M AGOBitcoin Magazine · Score 45 · via Strategy STRC, Hits $100
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1H AGOYou’re reading thisStrategy’s STRC Hits $100 for First Time Since MayThe Defiant · Score 45
