True North(@TNorth):Strategy $MSTR is spending cash to buy back and retire $STRC. @PunterJeff says the buybacks, changing arbitrage flows and reduced leverage could help compress volatility and move the preferred back toward par. “I think we will see this continue to trend toward par.”

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True North@TNorth

2026.10.23 22:00

Strategy $MSTR is spending cash to buy back and retire $STRC. @PunterJeff says the buybacks, changing arbitrage flows and reduced leverage could help compress volatility and move the preferred back toward par. “I think we will see this continue to trend toward par.”