Strategy founder plans disciplined STRC buys below $100

Michael Saylor, founder of Strategy, said on X he plans to maintain regular, disciplined purchases of preferred stock STRC when it trades below $100. He said he would increase purchases as the discount to STRC’s $100 price widens and reduce them as the stock moves closer to $100, adding that $975 million of buying capacity remains. Strategy previously said it bought 288,930 shares of STRC last week for $25 million at an average price of $86.52 per share.