Strategy's STRC Shares Hit $100 to Fund Bitcoin Purchases

Strategy's STRC preferred shares hit $100 for the first time since May, a key milestone for its capital-raising strategy.

Investors should watch the mNAV metric, which compares the company's valuation to its Bitcoin reserves. As this ratio nears one, issuing common MSTR stock becomes less attractive.

The return of STRC to $100 allows Michael Saylor’s company to raise funds without diluting common shares. This freed-up capital supports the ongoing Bitcoin accumulation strategy.