STRC value has climbed to $99.92 and is near its $100 peg, elevating hopes that it might enable Strategy to resume its Bitcoin [BTC] buys.
According to VanEck’s head of digital asset analysis, Matthew Sigel, a historic sample suggests the world’s largest Bitcoin treasury agency might quickly kick off BTC buys once more.
STRC again to $99.9. Last time it regained par (Jan sixth), the ATM was restarted the subsequent enterprise day to purchase Bitcoin. Given comparatively low volumes, MSTR buyback (~$950M remaining) could also be having an outsized influence at these ranges.
STRC, certainly one of Strategy’s most popular shares, crashed to almost $70 in June amid rising issues that the agency could possibly be compelled to liquidate BTC to fund its energetic dividend obligations. Bitcoin additionally dropped under $60K at the moment, additional elevating market fears.
It has since recovered to $99.9 up to now few months, amid a broader market rebound, STRC buybacks, and a standby money reserve to cowl dividend payouts throughout a market lull.
Will Strategy enhance Bitcoin worth?
STRC gross sales had been instrumental in BTC buys within the first half of 2026. That modified in H2 2026, as proven by the chart. More of the MSTR ATM gross sales helped fund STRC buybacks (purple) and money reserves.
The agency has now purchased again $2.05B of STRC. It purchased again one other $200 million in STRC and 0 BTC final week. Now that its each day dividends for STRC and different most popular shares have been officially adopted, it’s unclear how a lot demand they’ll appeal to.
While STRC is essentially the most liquid US most popular inventory, VanEck’s Sigel flagged it as overvalued, however added,
I’m very underweight DATs: you overpay administration for unpredictable leverage. But if this reaches par, it’s in all probability a constructive for BTC and MSTR, on the margin.
That stated, Strategy at present holds 848.5K BTC and has acquired over 216K BTC since final August. In reality, it was answerable for 71% of Bitcoin treasuries’ demand over the identical interval, shopping for over 216K BTC.
But as talked about earlier, the majority of the purchases occurred in late 2025 and H1 2026. As Strategy BTC bids cooled in 2026, different treasury corporations offloaded their holdings. Since mid-October, BTC’s overall demand turned unfavourable, and ETFs grew to become web sellers.
With no Strategy bids to soak up the stress, Coinbase analysts warned that the low demand might drag BTC under $80K if the pattern persists later within the yr.
Final Summary
- VanEck projected that Strategy might renew its BTC buys as STRC inches nearer to $100.
- Strategy drove 71% of treasury demand for BTC since late 2025, however the bids cooled in H2 2026.
