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Cointelegraph

Strategy’s STRC preferred stock closes at $92.32, topping $90 for first time in seven weeks

Strategy’s variable-rate perpetual preferred stock STRC closed at $92.32, marking its first finish above $90 in seven weeks and a nearly 24% rebound from its June 26 low of $74.57. The company deployed $52.4 million to pay dividends and $52.3 million to repurchase STRC, underscoring its ability to follow through on dividend commitments and support secondary-market trading. STRC remains below Strategy’s stated $99–$100 target range.