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Strategy Bitcoin Strategy Manager: STRC price is recovering after brief dislocation

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Gold Finance reports that Chaitanya Jain, Strategy's Bitcoin Strategy Manager, stated that the price of its perpetual preferred stock STRC is recovering after a brief dislocation. Strategy's goal is to drive its long-term gradual return and stabilize it in the $99–100 range, and will achieve this goal through multiple tools, including: floating dividend rate mechanism, continuously growing dollar reserves, gradually cleaning up convertible bond structures, stock buybacks, and continuous upgrades of product features.
According to the price chart released by Chaitanya Jain, the current price of STRC is $87.87, with a weekly increase of 22.04%.
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