Strategy’s Stretch preferred stock, STRC, reached its $100 par value on Wednesday for the first time since May. Strategy said it would resume issuing shares at this price, restoring a source of funding for Bitcoin purchases. Shareholders approved daily dividends on October 28, with 99.3% voting in favor; the first daily dividend was subsequently paid on Monday. A filing submitted on October 29 set STRC’s annualized dividend rate for November at 12%. The next question is whether Strategy will resume issuing shares at $100 and whether buyers will purchase the new shares.