While STRC trades below its $100 per share stated amount, Strategy intends to be a regular and disciplined purchaser of STRC, subject to market conditions, applicable law, available liquidity, and the Company’s capital-allocation priorities. Strategy expects the pace of repurchases generally to be greater at deeper discounts and to taper as STRC approaches a trading price of $100 per share.

Strategy’s long-term objective is for STRC to trade consistently near $100 per share with high liquidity, low volatility, and healthy, sustainable independent demand. Strategy’s current policy is not to issue STRC below $100 per share, and management will recommend to the board of directors that the Company maintain STRC’s 12.00% annualized dividend rate until STRC has demonstrated sustained, healthy trading near $100 per share.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.