Strategy Burns 64% STRC Relief Fund
2026-10-02 01:44:43
CoinMeta data: According to Protos, Strategy has burned 64% of its once $2 billion STRC bailout fund. Within 10 weeks of attempting to push up its price, $1.28 billion was spent, and the current remaining funds are less than $724 million. STRC was supposed to maintain a price of $100 per share, but this has not been achieved throughout most of its trading history. Although Strategy's digital securities repurchase program allows for the repurchase of three other stocks, the fund has only repurchased STRC. STRC has reacted to buying pressure from the market, with the latest trading price at $99.18. Last week, Strategy spent $151.7 million on repurchasing STRC, and the repurchase price has also been continuously rising.
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Source:Protos
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