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BULLISH 55 CryptoSlate 13M ago · 1 min read

Strategy’s STRC returns to $100, reviving Bitcoin buying capacity

Strategy’s STRC returns to $100, reviving Bitcoin buying capacity
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Strategy's STRC preferred stock briefly returned to $100 on Nov. 4, potentially reopening a funding channel for Bitcoin purchases after months of buybacks that consumed cash. Executive chairman Michael Saylor marked the milestone publicly. Traders watch this because a restored STRC issuance channel could translate into fresh BTC buying demand from the largest corporate holder.

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Narrative history
7 linked stories · 7 outlets · since 13 Oct
  1. 13M AGO
    You’re reading this
    Strategy’s STRC returns to $100, reviving Bitcoin buying capacity
    CryptoSlate · Score 55
  2. 4 NOV · 18:29
    Strategy’s STRC returns to $100 par after over $2 billion in buybacks
    Bitcoin Magazine · Score 45 · via Strategy STRC, STRC returns
  3. 4 NOV · 17:52
    Strategy’s STRC Hits $100 for First Time Since May
    The Defiant · Score 45 · via Strategy STRC, Hits $100
  4. 30 OCT · 14:30
    Analysts see renewed bitcoin buying as Strategy’s preferred-stock fix stabilizes finances
    The Block · Score 55 · via Strategy preferred-stock, bitcoin buying
  5. 18 OCT · 12:47
    Saylor says Wall Street chose cash over Bitcoin in Strategy preferred shares
    BeInCrypto · Score 30 · via Strategy preferred, par
  6. 16 OCT · 16:56
    Strategy plans daily cash payouts on STRC preferred shares from November
    Bitcoin.com News · Score 25 · via preferred shares, preferred
  7. 14 OCT · 12:11
    Strategy’s preferred stock nears par value, hinting at fresh bitcoin buying power
    Decrypt · Score 20 · via nears, STRC
  8. 13 OCT · 13:59
    Strategy’s STRC nears $100 as buybacks replace bitcoin purchases
    Bitcoin.com News · Score 25 · via Strategy STRC, STRC
Most read · 72h