Investment
Features
FeesSafety
Academy
More
Pluang+

STRC preferred stock jumps 30% as Strategy builds $4B cash reserve and bitcoin price steadies above $60K

Market News
05 Aug 2026
Coindesk
View Source
Bullish
pluang ai news

Strategy's STRC preferred stock surged over 30% from its June low, now trading near $94, supported by bitcoin sales totaling $321 million and a $4 billion cash reserve. The company repurchased $106 million of STRC stock and maintained a 12% annual dividend rate, demonstrating strong dividend coverage. Bitcoin's price stabilizing above $60,000 also helped boost investor confidence. Strategy aims for STRC to return to its $100 par value by early September, though market conditions will ultimately decide.

More News

Crédit Agricole reports 3.03 billion voting rights as of July 31, 2026.

Crédit Agricole reports 3.03 billion voting rights as of July 31, 2026.

Crédit Agricole S.A. declared a total of 3,025,902,350 voting rights as of July 31, 2026. The number of exercisable voting rights, accounting for shares without voting rights such as treasury shares, stands at 3,025,634,720. This declaration is part ...

Company Fundamentals
Neutral
1 hour ago
Dutch court orders halt to unapproved semaglutide nasal spray infringing Novo Nordisk's patent rights

Dutch court orders halt to unapproved semaglutide nasal spray infringing Novo Nordisk's patent rights

The District Court of The Hague granted Novo Nordisk a preliminary injunction against Ceban Ziekenhuisfarmacie B.V., stopping the sale of an unapproved compounded semaglutide nasal spray that infringes Novo Nordisk's patent. The court ruling protects...

Market News
Bullish
1 hour ago
SERES advances ESG and carbon goals to boost global competitiveness in luxury EV market.

SERES advances ESG and carbon goals to boost global competitiveness in luxury EV market.

SERES Group, marking its 40th anniversary, emphasizes ESG as a core strategy for global growth and sustainability. The company aims for carbon peak by 2030 and carbon neutrality by 2045, supported by a strong governance framework and innovative manuf...

Market News
Bullish
1 hour ago
Niber Technologies launches PFAS-free nanofiber membranes to meet global chemical regulations.

Niber Technologies launches PFAS-free nanofiber membranes to meet global chemical regulations.

Niber Technologies, founded by Korean brothers and based in Singapore, has developed PFAS-free electrospun nanofiber membranes to address tightening global regulations on harmful PFAS chemicals. Their membranes maintain high waterproof and breathable...

Market News
Bullish
1 hour ago
Raddish Kids offers cooking kits to help families reconnect amid back-to-school stress

Raddish Kids offers cooking kits to help families reconnect amid back-to-school stress

As back-to-school routines increase stress for 83% of parents, Raddish Kids provides monthly cooking and baking subscription boxes designed for children ages 4 to 14+. These kits encourage family bonding through shared meal preparation, helping kids ...

Others
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App