Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par

CoinDesk · 2026-09-01T09:29:33.000Z

STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.

Source: CoinDesk · 2026-09-01T09:29:33.000Z · fact-reporting