Strategy Authorizes $1B Preferred Stock Buyback Funded by $1.25B Bitcoin Monetization
2026-07-10 03:36

Woofun AI reports that Strategy increased the annualized dividend for STRC to 12% and approved a $1 billion repurchase program for preferred securities STRC, STRF, STRD, and STRK, prioritizing STRC. The company indicated that buyback capital will derive from a newly authorized $1.25 billion Bitcoin monetization initiative instead of its existing cash reserves. STRC shares traded in the mid-to-high $80 range, failing to reach the target of $99 to $100, while Peter Schiff noted that prices below $87 reflect Wall Street skepticism regarding Bitcoin growth pace.

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