Strategy’s STRC preferred equity rebounded to its $100 par value in nine trading days after going ex-dividend, slightly faster than its historical recovery pace.
The return to par allows the company to resume issuing shares through its at-the-market programme, unlocking fresh capital to fund additional bitcoin purchases.
The mechanism is central to Strategy’s accumulation strategy, as STRC pricing near $100 enables efficient fundraising tied directly to bitcoin buying.
STRC offers an 11.5% annual dividend and adjusts yield dynamically to keep the share price anchored around par, attracting demand when prices fall and moderating it when they rise.
The faster-than-average recovery highlights continued investor appetite for the instrument, which functions as a high-yield credit product linked to crypto exposure.
Strategy recently purchased 1,031 bitcoin for $76.6 million, though the size of the acquisition was smaller as STRC had not yet returned to par at the time.
The company now holds 762,099 bitcoin acquired for approximately $57.69 billion, reinforcing its position as the largest corporate holder of the asset.
At the time of reporting, Bitcoin price was $68,747.62.