#preferred-stock

Strategy STRC reclaims $100 par, opening door for fresh Saylor bitcoin buys

Strategy's STRC perpetual preferred closed at $99.99 on Friday and printed at par after hours, ending a fortnight in which Michael Saylor stayed out of bitcoin. With the security back above its $100 issuance threshold, Strategy's at-the-market funding gate has reopened and weekly purchases could resume as soon as 11 May.