Michael Saylor, CEO of Strategy Inc., has reaffirmed the company’s commitment to maintaining its preferred stock price at or above its $100 par value. The stock had traded in the low-to-mid $90s in mid-August before recovering toward the $100 threshold. This stabilization strategy aligns with Strategy’s broader capital-raising and Bitcoin financing plans. Market participants will monitor the company’s next decisions, including potential stock buybacks, to assess whether the $100 target will be reached by December 31.
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