Strategy’s perpetual preferred stock STRC reached $99.95 on October 29, BlockBeats reported, describing it as the first move to that level in 165 days ahead of the company’s third-quarter earnings report.
Near-par design
The English BlockBeats report said STRC is designed to trade near $100 through a floating-dividend anchor. It said the company can use an at-the-market program to raise funds for bitcoin purchases when the preferred stock is near par. That describes the instrument’s stated financing path and does not confirm that a new issuance occurred.
Quote context
Nasdaq’s public quote endpoint identifies STRC as Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock on NASDAQ-GS. The $99.95 figure is a time-specific market report; live intraday quotes can change after publication.
Sources: Nasdaq STRC quote data; BlockBeats report, published October 30, 2026 (China time).