Michael Saylor: Will not issue STRC at a price below 100 dollars
Michael Saylor stated that the repurchase funds for STRC will not come from dollar reserves, but will be raised by selling MSTR stock and Bitcoin based on market conditions.
The goal is to drive STRC to trade near the $100 level while maintaining high liquidity, low volatility, and healthy, sustainable independent demand. At the same time, the company will not issue STRC at a price below $100.
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