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Strategy's STRC stock nears $100 as buybacks outpace bitcoin purchases sevenfold.

Market News
13 Oct 2026
Bitcoin
View Source
Bullish
Strategy's STRC stock nears $100 as buybacks outpace bitcoin purchases sevenfold.

Strategy repurchased $368.7 million of its STRC preferred stock from Sept. 28 to Oct. 11, significantly more than the $50.2 million spent on buying 584 BTC during the same period. This aggressive buyback pushed STRC's price to $99.88, its highest since May, nearing the $100 par value tied to a 12% dividend policy. The company aims to maintain this dividend rate if STRC trades near $100, with upcoming votes on daily dividends and buyback strategies expected to influence future moves. Strategy's bitcoin holdings now total 848,250 BTC, but the buyback program's remaining funds could last less than two weeks at the current pace.

Bitcoin's price on Pluang is Rp1.499.606.147 with a 1.28% increase in the last day, showing steady investor interest. As of Oct 13, 2026 21:13 WIB, the platform sees an equal split in order activity between buyers and sellers, with typical holdings lasting 111 days.

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