Strategy authorized a $1 billion buyback of its preferred stock and said it may finance the repurchase through a $1.25 billion Bitcoin monetization program. According to NS3.AI, the company is also adjusting terms tied to its preferred offering as it manages pricing and dividend levels.
Strategy raised STRC’s annualized dividend to 12% on June 29. STRC traded in the mid-to-high $80 range this week, which remains below Strategy’s long-term target range of $99 to $100.
The company did not provide additional details in the update on the timing or structure of the buyback or how the Bitcoin monetization program would be executed.
Strategy Authorizes $1 Billion Preferred Stock Buyback, Citing Potential Bitcoin Monetization Funding
2026-07-09 19:41:42
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