Strategy Bitcoin Strategy Manager: STRC price is recovering after a brief dislocation
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Jinse Finance reported that Strategy Bitcoin Strategic Manager Chaitanya Jain stated that the perpetual preferred stock STRC is recovering in price after experiencing a brief misalignment. Strategy's goal is to drive its long-term gradual return and stabilization within the $99–$100 range, and will achieve this through various tools, including: floating dividend rate mechanism, continuously growing USD reserves, gradual unwinding of convertible bond structure, stock buybacks, and ongoing product feature upgrades. According to the price chart published by Chaitanya Jain, the current STRC price is $87.87, with a weekly increase of 22.04%.
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