{
  "id": 125938,
  "title": "Strategy’s STRC retakes $90 after 24% rebound from June closing low",
  "url": "https://urgent.news/2026/08/04/strategys-strc-retakes-90-after-24-rebound-from-june-closing-low",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T09:42:36.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/strategy-strc-stock-above-90-june-recovery"
  },
  "original_language": "en",
  "account": "Strategy's STRC preferred stock has rebounded nearly 24% to close above $90, marking a significant recovery since its June low. Closing at $92.32 on Monday, it represents a 3.2% increase from Friday's $89.46 price, marking the first time the stock has eclipsed the $90 mark since June 16. The stock has regained approximately 24% of its value from the June 26 closing low of $74.57. While the recovery has brought STRC close to the company's $99 to $100 target range, it remains a bit shy of the $100 threshold. Strategy's efforts to bolster STRC include selling 1,638 Bitcoin for $104.7 million, funding $52.4 million in preferred-stock dividends and $52.3 million for STRC repurchases. Additionally, the company raised $290.6 million through MSTR share sales, allocating $250 million to its dollar reserve and $28.9 million toward STRC repurchases. As part of this capital overhaul, Strategy repurchased 912,143 STRC shares for $81.2 million and expanded its dollar reserve to $4 billion.",
  "summary": "The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Cointelegraph",
        "title": "Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases",
        "url": "https://urgent.news/2026/08/03/strategy-sells-1-638-bitcoin-to-fund-dividends-and-strc-repurchases",
        "published": "2026-08-03T12:27:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}