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STRC Nearly Hits $100 After Bitcoin Giant Strategy Breaks Buyback Promise

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Strategy’s STRC preferred stock closed at $99.88 on Monday, its best finish since May, after the bitcoin treasury giant spent roughly seven times more cash buying shares back over two weeks than it spent on BTC. The Promise On July 27, with STRC trading in the $80s, Michael Saylor laid out a simple rule and […] Crypto Insight Analysis: Direction: Bullish STRC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Shareholder confidence boosted by aggressive buybacks, but limited market-wide impact.

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