Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par

Crypto Insight Summary: STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value. Crypto Insight Analysis: Direction: Bearish STRC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Shareholder concerns over stock underperformance vs par value.