Is Strategy Expected to Resume BTC Accumulation? STRC Surpasses $94, Surging Approximately 30% From June Lows
2026.08.06 00:04:06
According to BIT (bit.com) market data, Strategy’s perpetual preferred stock STRC surged past $94 during U.S. trading hours, jumping roughly 30% from its June low. The recent rally is driven by multiple factors: Strategy’s sale of Bitcoin to pay dividends, its repurchase of $106 million in preferred shares, and its increase in U.S. dollar reserves to $4 billion. Additionally, Strategy has not added to its Bitcoin holdings for six consecutive weeks. Strategy founder Michael Saylor emphasized last week that the company will not issue new STRC shares when the stock trades below $100. To date, the firm has repurchased 288,930 STRC preferred shares for a total of roughly $25 million, at an average price of $86.52 per share. Strategy plans to remain a "regular and disciplined buyer," continuing repurchases when STRC trades below $100. It will increase its buying activity when the stock is far from $100, and reduce repurchase volumes as it approaches that level. Currently, Strategy has approximately $975 million available for preferred share repurchases. Funds for STRC repurchases will not come from its U.S. dollar reserves; instead, they will be raised via sales of MSTR stock and Bitcoin, depending on market conditions, with the goal of stabilizing STRC’s price around $100.
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