Strategy's perpetual preferred stock, STRC, has returned to its $100 par value, potentially enabling the company to initiate a market-price offering to increase its Bitcoin holdings. This marks the first time since mid-January that STRC has reached this threshold, following a dip to $93 when Bitcoin prices fell to $60,000. The stock's recovery aligns with a market rebound, and it currently offers an annualized dividend yield of 11.25% through a monthly dividend reset mechanism, designed to stabilize volatility and encourage trading at par value.