Strategy to Sell Bitcoin or MSTR to Repurchase STRC Preferred Shares

Michael Saylor confirms Strategy may liquidate Bitcoin or MSTR stock to buy back discounted STRC preferred shares, aiming to reduce dividend costs.

Woofun AI reports that Strategy Executive Chairman Michael Saylor stated the company will evaluate market conditions to repurchase STRC Series A perpetual preferred shares by selling Bitcoin or MSTR stock. Saylor noted that when STRC trades significantly below its $100 par value, discounted repurchases can lower future dividend expenses and offer strong capital allocation benefits.