# Strategy Repurchased About $2.25B in STRC Through Nov. 1 By John Kim Canonical URL: https://www.tokenpost.com/news/business/49522 Published: 2026-11-05T19:47:52.000Z Updated: 2026-11-05T19:47:52.000Z Section: Business > The company had about $17.51 billion in remaining STRC issuance capacity, and its November annualized dividend rate was 12%. Strategy had repurchased about $2.25 billion of its Stretch perpetual preferred stock (STRC) by Nov. 1, while the company had about $17.51 billion in remaining issuance capacity. The buyback program began in late July. STRC touched $100 intraday Nov. 4, restoring the minimum price condition for additional issuance. TokenPost previously covered the [shares’ return to $100](). Strategy raised $5.46 billion by issuing STRC in the second quarter to fund Bitcoin (BTC) purchases. It made no STRC sales through its at-the-market program in the third quarter. The stock’s annualized dividend rate for November was set at 12%. ## Links in this article - [shares’ return to $100](https://www.tokenpost.com/news/investing/48893)