Strategy Pushes USD Reserves to $4B, Repurchases $81M STRC Preferred Stock
Strategy Inc., formerly known as MicroStrategy, has boosted its USD cash reserves to $4 billion while repurchasing $81 million worth of its own preferred stock, STRC. The company's Variable Rate Series A Perpetual Stretch Preferred Stock pays a 12% annual dividend distributed semi-monthly in cash.
The total STRC repurchase figure now sits at $81 million, part of a larger $1 billion buyback program authorized by the company. Since launching its preferred stock products in early 2025, Strategy has paid out over $693 million in preferred distributions.
The Bitcoin holdings of Strategy stand at 842,138 BTC, acquired at an average cost of approximately $75,419 to $75,482 per coin. The buyback creates a natural price floor for STRC holders, providing some downside protection alongside the 12% yield.