Chief Strategy Officer and CEO Phuong Le revealed a personal investment in the company’s STRC preferred stock. The move showed healthy confidence in the preferred stock as it is still trading well below the intended par value of $100.
Strategy CEO acquires STRC stock worth $1 million
Le wrote on Following the announcement, STRC stock rebounded from the intraday low, rising 1.46% to $89.88. The recovery came after a massive recent decline STRC fell below $83.
I bought $1 million from $STRC today. I’ll keep it until it’s up to par, maybe longer.
– Phong Lu (@phongle) June 22, 2026
Weakness in STRC has been the focus of attention as the preferred stock features prominently in Strategy’s Bitcoin accumulation model. If STRC’s trading price remains above $100, the company will have the option to sell more shares in the market offering program. He can then use these proceeds to buy Bitcoin. This funding source has effectively been put on hold with inventory at such low levels.
Over the past few months, the strategy has made several changes to the terms of the preferred security. For example, dividend payments were changed from monthly to A Semi-monthly payment schedule. Both MSTR and STRC shareholders approved the amendment.
This increased pressure on blue-chip stocks has arisen from… The only Bitcoin sell the strategy revealedWhich happened at the end of May. According to regulatory filings, the company sold 32 bitcoins for approximately $2.5 million to help fund obligations under the STRC dividend.
US dollar reserves rise
In order to boost confidence in the balance sheet, the strategy said on Monday that the US Dollar reserves rose To $1.4 billion, an increase of about $300 million over previous levels. The company’s latest filing indicates that the reserve will be used to maintain the credit quality of its digital credit securities and to meet future dividends and debt payments.
Same thing Deposit It showed that the strategy sold 2.71 million shares of MSTR last week, resulting in approximately $335.5 million.
Furthermore, Saylor announced the purchase of another $35 million worth of 520 Bitcoin. The acquisition price was $67,068 per bitcoin. It now has 847,363 Bitcoin in its reserve.
