Strategy’s STRC surges above $90 for first time since June 17
Aug 04 2026 13:48 UTC - Editorial Team
➤ Strategy Inc's preferred stock (STRC) has surged above $90, its highest point since mid-June, driven by Michael Saylor's share buyback program.
➤ STRC is a variable-rate perpetual preferred security designed to offer economic exposure to Strategy's bitcoin treasury activities with a high dividend yield (10-12%), while aiming to insulate investors from Bitcoin's price volatility.
➤ Despite the recovery, STRC still trades at a discount to its $100 par value, and the company's recent suspension of bitcoin purchases raises questions about its core strategy and future headwinds.
Read more at: https://rwatimes.io/articles/cryptobriefing-strategys-strc-surges-above-90-for-first-time-since-june-17-658826757?utm_source=binance
Aug 04 2026 13:48 UTC - Editorial Team
➤ Strategy Inc's preferred stock (STRC) has surged above $90, its highest point since mid-June, driven by Michael Saylor's share buyback program.
➤ STRC is a variable-rate perpetual preferred security designed to offer economic exposure to Strategy's bitcoin treasury activities with a high dividend yield (10-12%), while aiming to insulate investors from Bitcoin's price volatility.
➤ Despite the recovery, STRC still trades at a discount to its $100 par value, and the company's recent suspension of bitcoin purchases raises questions about its core strategy and future headwinds.
Read more at: https://rwatimes.io/articles/cryptobriefing-strategys-strc-surges-above-90-for-first-time-since-june-17-658826757?utm_source=binance