Strategy’s STRC Hits $100 for First Time Since May

Strategy’s STRC preferred stock reached $100 for the first time since May, returning to the company’s stated minimum price for new issuance after roughly $2.25 billion in buybacks. The recovery signals renewed demand for the bitcoin-linked instrument following a period of weakness. The $100 level matters because it restores Strategy’s ability to issue new STRC shares at its target floor. Watch whether the company resumes issuance to fund further bitcoin purchases and whether the price holds above that threshold.