Update
Strategy's STRC Preferred Stock Returns to $100
Strategy has reached the $100 threshold for its STRC preferred stock, which had previously been below its $100 stated value. This threshold is significant as Strategy's policy does not allow sales below $100. The stock briefly touched $100 on November 4, three trading sessions after daily dividends began. The company has $18 billion of STRC available for issuance and sale as of November 1, which could be used to fund Bitcoin purchases without issuing additional common stock.