Door Opened for New Bitcoin Purchases for Strategy: Returned to Critical Threshold

Strategy’s STRC preferred stock briefly touched $100 on Nov. 4, the first time since May, reaching the price threshold the company targets to issue new shares and fund additional Bitcoin purchases. The move reopens a potential capital-raising channel tied to the preferred instrument, which had traded below the level needed to make fresh sales attractive. The threshold matters because share issuance proceeds feed Strategy’s Bitcoin accumulation strategy, linking its equity funding capacity directly to market buying. Traders will watch whether STRC holds at or above $100 in coming sessions, since a sustained move would give the company room to sell stock and add to its Bitcoin position.