Michael Saylor: Aiming to Push STRC Back to Par Within 70 Trading Days, Around September 8

Odaily News: At today's earnings call, Strategy founder Michael Saylor said: "When STRC first listed, it took us about 70 trading days to get back to par value. Some may have forgotten that we priced our IPO at $90 and it took 70 days to climb back to par. If we count from the day STRC broke below the $99–100 trading range, 40 trading days have passed as of today. With May 28 — the day it broke below the trading range — as the starting point, counting forward 70 trading days puts us around September 8. We're watching that date closely and tracking our progress. We're going to focus our energy on restoring STRC to health. We believe that if we could do it in 70 days after the IPO, setting a 70-day target for recovery after breaking below the range is also reasonable. We have ample means to bring STRC back to par value."