Strategy’s preferred stock STRC traded around $95 on Monday, narrowing the gap to its $100 target after rebounding from a late-June low of about $74. The recovery has been supported by the Bitcoin treasury company’s open-market buybacks and a 12% annualized dividend, according to data from STRC.live. The report says Strategy still has $785 million available to keep supporting the shares after selling $213 million in Bitcoin, leaving the stock about $5 below its target level.