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Strategy buys $635.2M of STRC to restore preferred stock to par

September 01, 2026, 9:39 AM
Strategy has bought a total of $635.2 million worth of STRC so far to restore its perpetual preferred stock STRC to its $100 par value, CoinDesk reported. It bought $152 million worth yesterday alone. STRC has risen to around $97.34 from a low of about $71.

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