Strategy’s STRC Rebounds 30% as Cash Reserve Hits $4B

The market has handed Strategy a reprieve. STRC shares rebounded roughly 30% from their recent trough, a move that owes less to old-fashioned bitcoin maximalism and more to a deliberate shift toward balance-sheet prudence. The catalyst?

A series of bitcoin sales that built a $4 billion cash reserve and a concurrent $975 million repurchase program, according to the original report.

The recovery also coincided with a period of relative calm in the bitcoin price, giving the stock a tailwind that was absent during the volatility that punished leveraged corporate treasuries earlier in the cycle. The numbers are blunt.

Four billion dollars in cash is not an idle number for a company that became synonymous with leveraged bitcoin accumulation. The repurchase program, authorized at $975 million, signals that management views its own equity as undervalued.