Strategy Inc. has repurchased $176 million of its STRC preferred stock. The company has also expanded its Digital Credit Securities Repurchase Program, increasing the budget from $1 billion to $2 billion.
The company currently holds 845,050 Bitcoin and $6.5 billion in assets. These financial maneuvers are part of an ongoing effort to actively manage the company's capital structure and strengthen its financial framework.
Prediction markets are monitoring the possibility of STRC reaching $100 by December 31. Currently, the likelihood of this outcome is priced at 77.5%, showing a slight decrease from 82% a week ago.
