Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. 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, whil…
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