EconomyStrategy’s $150 million-a-day STRC market relies heavily on its own buybacks
Keyrock found Strategy’s $1.45 billion preferred-share repurchases accounted for more than 20% of weekly trading in STRC in almost every week of September. As Strategy nears its buyback authorization limit, the report questions how liquidity and investor demand could change if the company cuts purchases. STRC trades about $150 million daily, but market depth falls sharply when its price moves away from the $100 reference price.
Strategy’s $150 million-a-day STRC market relies heavily on its own buybacks
Economy