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STRC stock nears $100 as Strategy Inc. pushes Bitcoin-backed daily dividends plan

Market News
17 Oct 2026
Crypto Briefing
View Source
Bullish
STRC stock nears $100 as Strategy Inc. pushes Bitcoin-backed daily dividends plan

Michael Saylor, co-founder of Strategy Inc., presented Bitcoin as "digital capital" at ParaFi Investor Day, focusing on the recovery of STRC preferred stock and a shift to daily dividends. The plan hinges on shareholder approval and aims to integrate Bitcoin into Strategy's financial model through dividends and buybacks. Market confidence is high, with an 80.7% chance priced in for STRC hitting $100 by year-end. Investors will watch closely for updates on dividend approval and Bitcoin acquisitions, which could influence STRC's market value and Strategy's broader strategy.

Michael Saylor's pitch of Bitcoin as digital capital comes amid a market where only 7 of 50 major cryptocurrencies traded on Pluang rose today. For readers following the crypto sector, here is Pluang's market snapshot as of Oct 18, 2026 05:51 WIB: XTZ (Tezos) traded at Rp5.387 with a 1-day change of -4.30% and Pluang order activity showing 80% Sell / 20% Buy; DOT (Polkadot) at Rp19.850 with a -4.29% change and 54% Sell / 46% Buy activity; and KSM (Kusama) at Rp76.515, down 4.28%, with 57% Sell / 43% Buy activity. Typical hold times ranged from 80 to 121 days.

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