Saylor Vows to Keep STRC Above Par Value as Company Repurchases Millions

Strategy's Michael Saylor is doubling down on his commitment to keep the company's Variable Rate Series A Perpetual Stretch Preferred Stock, STRC, at or above its $100 par value. This goal, which has been a cornerstone of Strategy's strategy since the launch of STRC in July 2025, aims to maintain price stability and minimal price swings.

In mid-2026, STRC's price dropped to between $74 and $88, forcing Saylor to take drastic measures. The company repurchased $25 million worth of STRC shares in July 2026 and followed up with an additional $132 million in buybacks, reducing the float and putting a bid under the price.

Strategy's cash reserves have also grown significantly, reaching approximately $4.8 billion as of mid-August 2026. The company is using these funds to finance operations and continue accumulating Bitcoin, while also maintaining its commitment to STRC's price stability.