Strategy Conducts First-Ever Share Buyback of STRC Instead of Bitcoin Purchases

cryptonews.ruPublished on 2026-07-27Last updated on 2026-07-27

Abstract

For the first time, strategy, the largest corporate holder of bitcoin led by Michael Saylor, conducted a $25 million buyback of its own preferred STRC shares last week, as revealed in its weekly SEC filing. Concurrently, the company raised approximately $544.5 million through the issuance and sale of additional common MSTR shares, which have lost nearly 85% of their value over the past year. Strategy also bolstered its dollar reserves by $525 million, which Saylor stated now covers STRC dividend payments for over two years. Saylor explained that the STRC buyback would be funded through the sale of MSTR shares and bitcoin, depending on market conditions, with the goal of supporting STRC's trading price around $100. The report includes a standard disclaimer noting the volatile nature of cryptocurrencies.

"RBC Crypto" does not provide investment advice; the material is published for informational purposes only. Cryptocurrency is a volatile asset that may lead to financial losses.

Last week, Strategy, the largest corporate holder of Bitcoin led by Michael Saylor, conducted its first-ever buyback of its own preferred STRC shares for $25 million. The company reported this in its weekly filing with the U.S. Securities and Exchange Commission (SEC).

Simultaneously, Strategy raised an additional $544.5 million through the issuance and sale of common MSTR shares. Over the past year, their price has already fallen by nearly 85%. The company also increased its dollar reserves by $525 million. According to Saylor, these now cover STRC dividend payments for over two years.

Saylor noted that the STRC buyback would be funded, among other sources, by the sale of MSTR and BTC depending on market conditions: "Our goal is for STRC to trade at around $100."

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Related Questions

QWhat major corporate action did MicroStrategy take for the first time last week regarding its preferred stock?

AMicroStrategy conducted a $25 million stock buyback of its Series C Convertible Preferred Stock (STRC) for the first time.

QHow much did MicroStrategy raise through the issuance and sale of its common stock (MSTR) last week?

AMicroStrategy raised $544.5 million through the issuance and sale of its common stock (MSTR).

QWhat are the two potential funding sources mentioned by Michael Saylor for the STRC buyback, depending on market conditions?

AMichael Saylor stated that the STRC buyback could be funded through the sale of MSTR common stock or by selling Bitcoin (BTC), depending on market conditions.

QWhat is Michael Saylor's stated trading target for the STRC preferred stock?

AMichael Saylor stated that the company's goal is for the STRC preferred stock to trade at around $100.

QWhat is the stated purpose of increasing the dollar reserves by $525 million, according to the article?

AAccording to Michael Saylor, the increased dollar reserves of $525 million are intended to cover the STRC preferred stock dividend payments for more than two years.

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1.1k Total ViewsPublished 2025.05.13Updated 2025.05.13

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