STRC Rises 2.35% to New High Ahead of Q2 Report Release

STRC hits July 2 high at $89.43 before Q2 earnings. Strategy pauses Bitcoin accumulation for five weeks while executing $25M share buybacks to support price near $100.

Woofun AI data shows that STRC traded at $89.43, marking a 2.35% intraday increase and the highest level since July 2. The company is scheduled to release its Q2 financial results on July 31 at 5 a.m. (UTC+8). Strategy has not added to its Bitcoin holdings for five consecutive weeks. Founder Michael Saylor stated that new share issuance will be withheld while STRC remains below $100. The firm repurchased 288,930 shares for approximately $25 million at an average price of $86.52. With roughly $975 million remaining for buybacks, Strategy intends to fund these purchases via MSTR stock or Bitcoin sales rather than cash reserves, aiming to stabilize the price near $100.