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2 sourcesTracking since 16 Sept, 17:05

Strategy buys back nearly $1B in preferred stock STRC to stabilize price near par value

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Chronological coverage

  1. 17 September
  2. Latest17 Sept, 10:44

    STRC nears $100 after Strategy’s $950.8M buyback

    Strategy repurchased 9.96 million STRC shares for $950.8 million as its preferred stock recovered toward its $100 stated amount.

    Crypto.newsCrypto.news•Olivia Stephanie
  3. 16 September
  4. First seen16 Sept, 17:05

    Strategy buys back nearly $1B in preferred stock STRC to stabilize price near par value

    Strategy's buyback stabilizes stock value, but reliance on cash reserves and potential shareholder dilution could impact long-term financial health.

    CryptoBriefingCryptoBriefing•Editorial Team