Compiled by KHAO Editorial
— aggregated from 2 sources + 3 references discovered via search.
See llms.txt for citation guidance.
✓ KHAO Verified
It’s not a priority, said Executive Chairman Michael Saylor, but Strategy MSTR $ 97.65 could buy back its own shares if they become cheap enough.
Key facts
Combined CEX volumes fell 23.9% to $3.76T in July, the lowest since November 2023, as DEX spot market share climbed to a record 19.5% and RWA perps hit $460B
Saylor said Strategy wants STRC trading near the $100 level, and is prepared to sell more above $100 or support it via buybacks when it falls
It’s not a priority, said Executive Chairman Michael Saylor, but Strategy MSTR $ 97.65 could buy back its own shares if they become cheap enough
When BTC trades far above its average price over the past 200 weeks, Strategy may keep more of the cash it raises
Summary
MSTR has fallen about 38% this year amid bitcoin’s decline, though the shares gained about 5% Monday as Saylor left the door open to future buybacks. Strategy plans to maintain larger cash reserves and could sell bitcoin when needed as it works to support STRC and its dividend payments. Saylor said Strategy wants STRC to remain near its $100 issue price, while MSTR investors should have a time horizon of at least four years. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders.