STRC touched $100 for the first time since May on Nov 4, per AggrNews alerts forwarded across Telegram that evening.

STRC touched $100 for the first time since May on Nov 4, per AggrNews alerts forwarded across Telegram that evening.

It is Strategy Inc's (ex MicroStrategy) Variable Rate Series A Perpetual Stretch Preferred Stock, ticker STRC on Nasdaq. Perps on crypto venues quote just under par at the same time: OKX $99.91, Gate $99.80 and KuCoin $99.78.

The run back to par follows three things the filings tie directly to STRC. Shareholders approved daily dividend accrual for STRF, STRC, STRK and STRD with 99.3% in favor, with STRC starting Nov 1 and the rest Jan 1, 2027. Strategy then reported Q3 2026 results Oct 29 with $19.53B net income and 848,517 BTC held, and CEO Michael Saylor framed it as "Returned $STRC to health".

The Nov 2 8-K shows the third straight week of heavy STRC buybacks: 2,092,035 shares for $208.2M in Oct 26 to Nov 1, after about $204.9M the prior week, paid from USD Cash. Same week it sold 1,178,552 MSTR shares for $164.0M net, using $65.5M to buy 811 BTC at $80,846 and holding 849,327 BTC, with a $4.79B USD Reserve and $132.7M USD Cash.

In short: daily dividends from Nov 1 plus sustained buybacks lifted STRC from its discount back to its $100 par. The sources do not name a single trade behind the exact $100 print.