Strategy Doubles Stock Buyback to $2 Billion as STRC Chases Par

Strategy has doubled its preferred stock repurchase program to $2 billion. The board made the decision as the STRC share price hovered around $97 to $98. The company has already spent roughly $811.5 million on the buyback campaign since July, quickly consuming the original $1 billion limit.

The heavy spending pattern shifted away from initial plans. Management expected to buy more aggressively when the shares traded far below $100, then taper off as outside demand took over. Instead, weekly purchases grew larger, reaching a record $176.3 million in the latest period. This support used cash reserves instead of new stock sales, which temporarily paused the company routine of adding more Bitcoin to its treasury.

Strategy wants to bring STRC back to its $100 stated value so the security can trade normally and serve as a reliable funding vehicle again. A sustained return to par would allow the company to issue new preferred shares without relying solely on common stock sales. Traders should watch the cash reserve levels and weekly purchase reports to see how quickly the expanded $2 billion budget restores the price.