Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
https://www.coindesk.com/markets/2026/09/01/strategy-spends-usd635m-buying-back-strc-as-perpetual-preferred-stock-lags-usd100-par

Coindesk
Strategy’s (MSTR) STRC remains below par as Strive’s SATA attracts investors
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.