On July 27, Strategy founder Michael Saylor said the company has repurchased 288.93k shares of STRC preferred stock, with a total transaction value of about $25 million and an average repurchase price of $86.52 per share.

Saylor said Strategy plans to continue acting as a “regular and disciplined buyer,” repurchasing when the STRC price is below $100; it will increase its buying intensity when the price is far from $100 and reduce the repurchase size as it approaches $100. Currently, Strategy still has about $975 million in remaining authorization for preferred stock repurchases.

Saylor said that the STRC repurchase funds will not use dollar reserves; instead, they will be raised based on market conditions through methods such as selling MSTR stock and Bitcoin (BTC). The company’s goal is to keep the STRC price stable around $100 and maintain high liquidity, low volatility, and healthy, sustainable independent market demand.

He emphasized that Strategy will not issue new shares when STRC is below $100. #长鑫今日上市成交901亿