According to Decrypt, Strategy’s preferred stock STRC is approaching its $100 par value, which may signal a shift in who ranks among the largest buyers in the relevant market. The article notes that Michael Saylor has historically been recognized as a significant buyer, but with STRC nearing parity at $100, Saylor might not remain the second-largest buyer for an extended period.
The development centers on the price movement of STRC toward its par level. No specific dates beyond the current observation are mentioned. The piece implies that changes in buyer ranking could occur as STRC’s valuation nears $100, based on the observed proximity to that threshold.
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