Strategy's STRC inches closer to $100 as Saylor continues to sell BTC for USD

Dragging its Stretch (STRC) preferred shares back to par value at $100 remained the priority for chief executive Michael Salor and Strategy (NASDAQ: MSTR) as the firm reported that it allocated 100% of the $108.6 million it raised from selling 1,690 Bitcoins last week to buying back STRC.  Strategy raised another $653.1 million by selling...