STRC Stock Drops 0.26% Pre-market as BTC Accumulation Halts for Fifth Week

STRC trades at $88.1, down 0.26%, while Strategy pauses Bitcoin buying for five weeks. The firm plans $25M in buybacks to stabilize price near $100 using MSTR and BTC sales.

Woofun AI data shows that Strategy Perpetual Preferred Stock STRC is trading at $88.1 in pre-market activity, representing a 0.26% decline, following a 1.65% closing gain the previous day. The company has ceased increasing its Bitcoin holdings for five consecutive weeks.

Founder Michael Saylor stated that no new shares will be issued while STRC remains below $100. Strategy repurchased 288,930 shares for approximately $25 million at an average price of $86.52. With roughly $975 million available for buybacks, the firm intends to fund these purchases through MSTR stock and Bitcoin sales rather than USD reserves, aiming to stabilize the share price around $100.