{"id":909,"date":"2026-08-04T17:42:36","date_gmt":"2026-08-04T09:42:36","guid":{"rendered":"https:\/\/www.btcethdata.com\/?btc_ct_news=strategys-strc-retakes-90-after-24-rebound-from-june-closing-low"},"modified":"2026-08-05T05:12:16","modified_gmt":"2026-08-04T21:12:16","slug":"strategys-strc-retakes-90-after-24-rebound-from-june-closing-low","status":"publish","type":"btc_ct_news","link":"https:\/\/www.btcethdata.com\/?btc_ct_news=strategys-strc-retakes-90-after-24-rebound-from-june-closing-low","title":{"rendered":"Strategy\u2019s STRC retakes $90 after 24% rebound from June closing low"},"content":{"rendered":"

Strategy\u2019s variable-rate preferred stock, STRC, closed above $90 for the first time in seven weeks, extending its recovery from a June selloff that raised concerns about the Bitcoin treasury company\u2019s financial resilience.<\/p>\n

STRC closed at $92.32 on Monday, up 3.2% from Friday\u2019s $89.46 close, according<\/a> to Yahoo Finance data. It was the first close above $90 since June 16. The stock has recovered nearly 24% from its June 26 closing low of $74.57.<\/p>\n

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STRC price chart. Source: Yahoo Finance<\/em><\/p>\n

STRC is Strategy\u2019s perpetual preferred stock with a dividend rate that can be adjusted monthly to encourage trading near its $100 stated amount. Despite the rebound, it remains below the company\u2019s $99 to$100 target<\/a> range.<\/p>\n

The recovery followed steps by Strategy to support STRC, including the sale of 1,638 Bitcoin for $104.7 million<\/a>, disclosed Monday in its latest 8-K filing. Strategy used $52.4 million to fund preferred-stock dividends and $52.3 million to repurchase STRC.<\/p>\n

Strategy also raised $290.6 million through MSTR share sales, including $250 million for its dollar reserve and $28.9 million for STRC repurchases. It repurchased 912,143 STRC shares for $81.2 million and increased its dollar reserve to $4 billion.<\/p>\n

Related: <\/strong><\/em>Has Strategy\u2019s capital overhaul put an end to \u2018death spiral\u2019 fears?<\/strong><\/em><\/a><\/p>\n

Related:<\/strong> Bitcoin price<\/a> \u00b7 BTC live chart<\/a> \u00b7 Ethereum price<\/a> \u00b7 ETH gas fee<\/a> \u00b7 Bitcoin price today<\/a> \u00b7 Top 10 cryptocurrencies<\/a><\/p>\n

Source: Cointelegraph<\/a> \/ Ezra Reguerra<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC.<\/p>\n","protected":false},"featured_media":910,"template":"","btc_ct_section":[2],"class_list":["post-909","btc_ct_news","type-btc_ct_news","status-publish","has-post-thumbnail","hentry","btc_ct_section-markets"],"_links":{"self":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news\/909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news"}],"about":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/types\/btc_ct_news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/media\/910"}],"wp:attachment":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=909"}],"wp:term":[{"taxonomy":"btc_ct_section","embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fbtc_ct_section&post=909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}