Strategy's STRC preferred stock briefly rebounded to $100 on November 4, with Executive Chairman Michael Saylor posting "We're back." Previously, the preferred stock had lingered below its $100 par value for an extended period, forcing the company to expend approximately $2 billion on share buybacks to support the price. Following adjustments to the dividend structure—introducing a daily dividend mechanism—the safe asset climbed back to the $100 threshold within three trading sessions after the change. Given Strategy's current policy of not issuing STRC below $100, this recovery is expected to reopen its fundraising channel of issuing STRC to buy Bitcoin, eliminating the need to issue additional common stock. As of November 1, Strategy held 849,327 Bitcoins.