STRC | Crypto

The illustrative Oct. 2 output holds the dividend constant, while Strategy controls optional redemption at $101 or higher plus applicable unpaid dividends. The post Why Strategy’s STRC calculator shows $210 for a share it can redeem at $101 appeared first on CryptoSlate.

STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.

Strategy bought 950 Bitcoin for $75.7 million after a two-week pause and spent another $174 million repurchasing its STRC preferred stock. Michael Saylor’s Strategy resumed buying Bitcoin after a two-week pause while continuing to repurchase its STRC preferred stock. Strategy acquired 950 Bitcoin (BTC) for $75.7 million at an average price of $79,670 per coin between Monday and Sunday, according to a Form 8-K filing with the US Securities and Exchange Commission on Monday. The purchase brought Strategy’s holdings to 846,000 BTC, acquired for about $63.8 billion at an average cost of $75,416 per Bitcoin, including fees and expenses. With Bitcoin trading at $84,925 at the time of publication, Strategy was sitting on an unrealized gain of about $8.05 billion on its holdings. Read more

From July 20 to Sept. 13, STRC repurchases absorbed about $2.57 for every $1 Strategy spent buying Bitcoin. The post Strategy prioritizes $950 million STRC buyback over expanding its Bitcoin treasury appeared first on CryptoSlate.

Strategy doubled the size of its preferred-stock repurchase program to $2 billion Tuesday as Michael Saylor’s Sept. 8 recovery benchmark arrived with STRC still short of its $100 stated value. The board’s decision extends a campaign that was approaching the limits of its original $1 billion authorization after seven weeks of increasingly large purchases. Data […] The post Strategy doubles its stock buyback to $2 billion to pull its STRC shares back to $100 appeared first on CryptoSlate.

Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys. Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock. Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to a Tuesday filing with the US Securities and Exchange Commission. The company also doubled the size of its Digital Credit Securities Repurchase Program to $2 billion. With no new purchases, Strategy’s holdings sit at 845,050 Bitcoin (BTC), acquired for a total of $63.6 billion, at an average purchase price of $75,412 apiece. Read more

The existing order no longer restrains the company, while its proposed first raise covers just 1.51% of an $827 million Bitcoin target before allocation. The post After selling every coin it owned, a public company is using Strategy’s STRC playbook to restart its $827M Bitcoin treasury plan appeared first on CryptoSlate.

Michael Saylor has roughly one week to orchestrate STRC’s return to its $100 par value by his informal Sept. 8 target, but the financial machinery required to close the final gap is running hot. Despite deploying $635.2 million on aggressive buybacks, Strategy’s preferred security continues to hover around $97. The company has simultaneously restarted its […] The post Strategy keeps STRC at 12% as Saylor has seven days to salvage the $10 billion Bitcoin yield product as costs spiral appeared first on CryptoSlate.

STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.

One week of common-stock sales funded a $369.7 million Bitcoin purchase, $202.5 million of STRC buybacks and dividends, and a $30 million cash increase. The post Strategy splits $603 million share sale between Bitcoin purchases and STRC support appeared first on CryptoSlate.

Bitcoin's sharp two-week recovery, which briefly pushed its value above $80,000, has brought Michael Saylor's Strategy BTC treasury back into profit and lifted its common stock faster than the cryptocurrency. BTC's price rebound accelerated after the US Treasury moved to expand buybacks of longer-dated government debt, easing pressure on yields and weakening the dollar. Renewed […] The post Strategy’s MSTR quietly outperforms Bitcoin’s $80,000 rally as STRC closes in on $100 appeared first on CryptoSlate.

Wall Street institutions increased their exposure to Strategy's MSTR in the second quarter, just before Michael Saylor’s Bitcoin accumulation machine began redirecting capital toward STRC. On Aug. 18, Strategy said 12 of its 15 largest institutional shareholders increased their MSTR positions through June 30. The company said those additions lifted combined holdings by $1.2 billion. […] The post Wall Street piled $1.2 billion into MSTR in Q2 before Strategy turned its Bitcoin flywheel toward rescuing STRC appeared first on CryptoSlate.

Solstice announced a tranched product built on Strategy's Bitcoin-related STRC preferred stock, and said its senior tranche would not begin absorbing losses until STRC trades below $47.66. STRC currently trades near $95.315, putting that threshold roughly half of today's market price and about 52% below the security's $100 par value. Solstice COO David Plisek described […] The post Strategy sold $100M to defend STRC’s $100 stock price as DeFi packages the risk into a 7% ‘safer’ trade appeared first on CryptoSlate.

Strategy’s preferred stock STRC is steadily moving back toward its $100 target as the Bitcoin treasury company increases its purchases of the shares. Data from STRC.live showed that STRC traded around $95 on Monday, extending a recovery from its late-June low of about $74 as Strategy combined open-market repurchases with a 12% annualized dividend to […] The post Strategy has $785 million left to close STRC’s final $5 gap after selling $213 million in Bitcoin appeared first on CryptoSlate.

Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC. Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock. The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC). Strategy used the proceeds to buy back 1.15 million shares of its STRC preferred stock for $108.6 million. STRC is a variable-rate preferred stock designed to pay monthly dividends. Read more

Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s recovery.

The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC. Strategy’s variable-rate preferred stock, STRC, closed above $90 for the first time in seven weeks, extending its recovery from a June selloff that raised concerns about the Bitcoin treasury company’s financial resilience. STRC closed at $92.32 on Monday, up 3.2% from Friday’s $89.46 close, according to Yahoo Finance data. It was the first close above $90 since June 16. The stock has recovered nearly 24% from its June 26 closing low of $74.57. Read more

Strategy's latest Bitcoin sale lifted its 2026 disposals to 5,258 BTC, the largest amount it has sold in any year since adopting the asset in 2020, as the company redirects capital toward supporting its preferred securities. The company sold 1,638 BTC for $104.7 million between July 27 and Aug. 2 and issued about 3.01 million […] The post Strategy sells $395 million in Bitcoin and MSTR stock to buyback $81 million in STRC and build cash reserve to $4 billion appeared first on CryptoSlate.

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock. Strategy sold 1,638 Bitcoin from July 27 through Sunday, marking its second-largest BTC sale of the year. Strategy sold 1,638 Bitcoin at an average price of $63,957 for a total of $104.7 million, according to a Monday 8-K filing with the Securities and Exchange Commission. Of the proceeds, $52.4 million was used to fund dividend payments on Strategy’s STRC preferred stock, while another $52.3 million was used to repurchase STRC. The company now holds 842,138 Bitcoin bought at an aggregate cost of $63.5 billion. Read more

Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month. While Strategy’s preferred STRC shares ended July well below their $100 par value, investors were told that their August dividend will not increase, holding at 12%. Executive chairman Michael Saylor delivered the news in a tweet on Saturday, continuing to pitch STRC as a way to “stretch your income.” August will be the second month that the dividend will be paid semi-monthly after shareholders approved that change in June. STRC shares closed at $89.46 on Friday, clocking a 5.42% price increase for the month which began with a dividend hike — 50 basis points to 12% — after a poor stock performance in June. The volume on the Nasdaq-traded shares on Friday were about two-thirds of their daily average.  Read more