Despite STRC hitting $100 intraday, there were no new weekly sales.

Strategy’s STRC preferred stock briefly traded at $100 during Nov. 4 trading, but the company sold zero STRC shares through its at-the-market program in the Nov. 2–8 week. Instead, Strategy sold 2.05 million MSTR common shares via ATM, raising $283.8 million in net proceeds, according to a Nov. 9 SEC filing. It used $188.3 million, or 66.3% of the proceeds, to repurchase 1.887 million STRC shares, and allocated $81.9 million, or 28.9%, to bitcoin purchases. Strategy bought 1,036 BTC at an average price of $79,012 per coin, including fees and expenses. The mix matters because STRC’s rally did not translate into fresh preferred issuance, while common equity sales remain the funding lever for buybacks and bitcoin accumulation; watch whether STRC resumes ATM sales and whether MSTR issuance continues to fund BTC purchases.