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From July 20th to September 13th, Strategy spent $950 million to repurchase 9.96 million shares of STRC, accounting for approximately 18% of the trading volume during the same period. Among them, $765 million came from the sale of MSTR common stock, and $161 million came from the reduction of Bitcoin holdings. The price of STRC has rebounded from $70 to $99, approaching the face value of $100. (Source: Bloomberg)