Strategy's STRC Preferred Stock Returns to $100 for First Time Since May

Nov. 5 — According to The Block, Strategy's floating-rate perpetual preferred stock STRC touched $100 on Nov. 4 (U.S. Eastern Time), the first time since May. The crypto market has continued to rally following the U.S. midterm elections. Strategy Chairman Michael Saylor previously said, "The case for holding Bitcoin crosses party lines."