Strategy’s STRC perpetual preferred stock has climbed back above $90, representing a 24% rebound from its June low, though it remains below the company’s $99 to $100 target range. The recovery followed Strategy’s support measures, including the sale of 1,638 Bitcoin for $104.7 million, with $52.4 million allocated to fund preferred-stock dividends and $52.3 million to repurchase STRC. The company also raised $290.6 million through MSTR share sales, using $81.2 million to repurchase 912,143 STRC shares. Strategy has increased its dollar reserve to $4 billion.
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