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Strategy Spends $635 Million Buying Back STRC as Perpetual Preferred Stock Trades Below $100 Par Value Open article: Strategy Spends $635 Million Buying Back STRC as Perpetual Preferred Stock Trades Below $100 Par Value
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Strategy Spends $635 Million Buying Back STRC as Perpetual Preferred Stock Trades Below $100 Par Value

Strategy’s perpetual preferred stock, Stretch (STRC), continues to trade below its $100 par value despite the company’s ongoing repurchase efforts. The bitcoin treasury company has...

Strategy Spends $635 Million Buying Back STRC as Perpetual Preferred Stock Trades Below $100 Par Value