STRC Surges 30% as Strategy Bolsters Cash Reserves and Sees Stable Bitcoin

Strategy's STRC has rebounded by 30% following a boost to its cash reserves and stability in Bitcoin prices.

The company, led by Michael Saylor, has expanded its U.S. dollar reserves to cover preferred dividends and debt interest, providing a robust buffer against volatility.

This move has increased confidence in the stock's upward trajectory, with prediction markets now suggesting a 53.5% likelihood of STRC reaching $100 by December 31.