Strategy Aims to Bring $STRC Near Par Value with Organic Market Ecosystem

Strategy's executive chairman Michael Saylor has outlined his vision for the company's preferred stock, $STRC. Unlike some companies, Strategy is not prioritizing buybacks to return to its par value of $100.

Saylor wants $STRC to trade with high liquidity and low volatility, targeting investors seeking stable income from Strategy's Bitcoin thesis without common stock's price swings.

The current trading range of $85-$87 puts the preferred stock 13-15% below its par value. Despite recent market dislocations, this gap is not due to any change in $STRC itself.

$STRC carries a 12% dividend rate, offering an even higher effective yield for buyers at current prices. Strategy has also set a clear line: it will not issue new $STRC shares below the $100 par value.