Strategy doubles preferred stock buyback program to $2 billion

2026年9月9日02:16 (46d ago)

Strategy doubled its preferred stock buyback program to $2 billion.
$1 billion was the previous limit, nearly exhausted after seven weeks of larger purchases.
STRC began trading around $97 to $98 on Sept. 8, below its $100 stated value.

Strategy has increased its preferred stock buyback program to $2 billion after larger purchases during the past seven weeks nearly used the previous $1 billion limit. Preferred stock refers to shares with priority over common stock in certain distributions. STRC began trading at around $97 to $98 on Sept. 8, about 2% below its stated value of $100, according to STRC.live.