Saylor’s buybacks boost Strategy’s STRC stock near $100 offering price

CryptoBriefing Michael Saylor’s strategic market maneuvers have significantly impacted the valuation of Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Bloomberg reports that Saylor’s decision to buy back shares has propelled the stock price closer to its original $100 offering price. These buybacks, conducted in July and September 2026, were part of a broader effort by Strategy Inc. to stabilize the preferred stock’s market value after a period of pricing below the intended par level. The move comes as market participants evaluate the likelihood of STRC hitting the $100 mark by the end of 2026. The market for STRC reaching this milestone by December 31 is currently priced at 73.5% YES, indicating strong support for the notion that Saylor’s actions might achieve their intended effect. In contrast, the probability for STRC reaching the same price by September 30 has declined to 18%, suggesting less confidence in a short-term recovery to par. Key Takeaways Market activity suggests that Michael Saylor’s buyback strategy is consistent with a YES outcome for STRC reaching $100 by December 31. STRC’s December market odds have decreased slightly, reflectin...