Strategy repurchases $174 million in STRC shares, stock rises 11.9%

  • Strategy repurchased $174 million of its STRC shares using USD cash reserves.
  • 11.9% was the increase in STRC shares after the repurchase announcement.
  • Strategy maintains a separate $1.0 billion authorization for MSTR common-stock buybacks.

Strategy Inc., formerly known as MicroStrategy, repurchased $174 million of its STRC shares using USD cash reserves, continuing buybacks under its Digital Credit Securities Repurchase Program. STRC shares rose 11.9% after the announcement. The company maintains a separate $1.0 billion authorization for MSTR common-stock buybacks and has increased its broader buyback program to $2.0 billion. Prediction markets, which track the perceived odds of future events, showed a moderate increase in the likelihood that STRC will reach $100 by December 31, reflecting positive sentiment among market participants. Investors will be watching for further repurchases, quarterly disclosures, strategic announcements from CEO Michael Saylor or President Phong Le, broader economic changes and shifts in Strategy’s Bitcoin holdings.

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