Strategy’s STRC Rebounds Above $90 on Bitcoin Sales and Capital Expansion

STRC Reaches Seven-Week High Amid Recovery

Strategy Holdings’ preferred stock STRC has achieved a notable milestone, closing above $90 for the first time in seven weeks as the Bitcoin treasury company implements aggressive capital measures to stabilize the instrument. The shares closed at $92.32 on Monday, representing a 3.2% single-day gain and marking a significant recovery from the June decline that had raised questions about the company’s financial resilience.

The recovery is substantial when viewed from the stock’s lowest point. STRC had fallen to $74.57 on June 26 before mounting a comeback that has now eliminated nearly 24% of those losses. The latest close above $90 represents the first time the shares have reached this level since mid-June.

Bitcoin Sales Drive Shareholder Support Initiatives

Strategy deployed deliberate capital strategies to support STRC’s recovery, according to filings disclosed Monday. The company sold 1,638 Bitcoin for $104.7 million and allocated the proceeds across shareholder-support mechanisms. Half of the proceeds—$52.4 million—went toward funding preferred-stock dividends, while the remaining $52.3 million was directed to repurchasing STRC shares in the open market.

Complementing these efforts, Strategy simultaneously conducted a secondary offering of its common stock, raising $290.6 million in additional capital. The company directed $250 million toward expanding its dollar reserve to $4 billion while dedicating $28.9 million to further STRC buybacks. Over these combined repurchase efforts, Strategy acquired 912,143 STRC shares for $81.2 million total.

Signaling Commitment Through Capital Action

STRC is structured as Strategy’s perpetual preferred stock with a variable dividend rate that resets monthly, designed to encourage the shares to trade near their $100 stated value. Despite the solid rebound, STRC remains below its $99-to-$100 target range, suggesting room for further appreciation if market conditions remain supportive and institutional demand strengthens.

The recovery signals investor confidence in Strategy’s ability to manage its Bitcoin holdings strategically while delivering shareholder returns. By simultaneously expanding its dollar reserves to $4 billion and repurchasing its own preferred shares, Strategy demonstrates financial flexibility and commitment to supporting STRC even as macroeconomic uncertainty persists.

How Bitcoin treasury companies balance asset accumulation with shareholder support matters for understanding crypto market maturation as institutional investors increasingly participate in digital asset strategies.

Source: Strategy Holdings, via Cointelegraph. Not financial advice.