Strategy reaffirms $99–$100 STRC target as buyback cap hits $3 billion

• —Repurchased 1,938,780 STRC shares for $193.1 million at an average of about $99.60
• —Preferred buyback authorization raised from $2 billion to $3 billion, with $1.16 billion remaining
• —Two-week STRC spending of $385.5 million was 8.84x the $43.6 million spent on Bitcoin
• —STRC closed at $97.72 on Oct. 16, a 2.28% discount to the $100 stated amount