Strategy Inc's STRC preferred stock climbed above $90 for the first time since June 17, driven by Michael Saylor's share buyback program amid

Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.

Strategy executive chairman Michael Saylor told investors in his STRC preferred shares that their August dividend would be the same as July’s, at 12%.