Michael Saylor: Will Not Issue STRC at Price Below $100
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Michael Saylor: Will Not Issue STRC at Price Below $100
Michael Saylor stated that the funds for STRC buybacks will not come from USD reserves, but will be raised through the sale of MSTR stock and Bitcoin based on market conditions. The goal is to drive STRC to trade near the $100 level and maintain high liquidity, low volatility, and healthy, sustainable independent demand. Meanwhile, the company will not issue STRC at a price below $100.
TechFlow reports, on July 27, Michael Saylor stated that funds for STRC buybacks will not come from USD reserves, but will be raised through the sale of MSTR stock and Bitcoin based on market conditions. The goal is to drive STRC to trade near the $100 level, and maintain high liquidity, low volatility, and healthy, sustainable independent demand. Meanwhile, the company will not issue STRC at a price below $100.




