Sarcos Technology and Robotics stock steadies as preferred STRC series trades near par

Published on 09/22/2026 at 11:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sarcos Technology and Robotics stock, via its STRC preferred series, is trading close to its USD 100 par value as of September 21, 2026, after recent buyback activity. The STRC stock has seen modest daily moves while underlying crypto exposure drives sentiment in related instruments.

STRC, US80009T1088, Illustration mit AI erstellt.

Sarcos Technology and Robotics Corporation stock (ISIN US80009T1088) is currently represented on the market by its STRC preferred series, which has been trading close to its par value of USD 100 as of September 21, 2026. Recent buyback activity in STRC has helped stabilize the preferred shares, even as broader crypto-linked instruments show stronger daily swings.

Preferred STRC series trades near par

According to CryptoPotato, the STRC preferred stock closed at USD 98.51 on September 18, 2026, recovering from a drop to USD 75 earlier in the year and trading close to its USD 100 par value.

As Seeking Alpha reported on September 21, 2026, STRC rose about 0.5 percent during the session as crypto-related stocks benefited from a Bitcoin price above USD 85,000, while the common stock of the associated issuer saw a stronger daily move.

Buybacks support STRC preferred holders

According to Odaily on September 22, 2026, the issuer used USD 174 million in cash to repurchase STRC preferred shares in recent weeks, bringing cumulative investment in STRC repurchases to over USD 1.12 billion.

Earlier commentary from TradersUnion on September 21, 2026 noted that the issuer repurchased approximately 1.77 million STRC preferred shares in the same buyback phase for a total consideration of USD 174 million, with an additional USD 875.1 million still available under the preferred-share buyback authorization.

Stock price context for investors

Per data cited by Seeking Alpha on September 21, 2026, the STRC preferred stock last traded around USD 98.78 on the Nasdaq venue in regular hours, with a modest post-market uptick to USD 98.92 later in the day. This places the price within roughly 1.2 percent of the USD 100 par level and far above the earlier trough near USD 75 mentioned by CryptoPotato.

For retail investors, the combination of significant repurchase volume and a price level close to par suggests that the STRC preferred series is currently being stabilized by corporate action, even as the associated issuer continues to deploy cash into digital assets. The contrast between the stronger moves in the common stock and the more subdued daily changes in STRC reflects the different risk-return profile of preferred securities compared with common equity.

Sarcos Technology and Robotics stock and closing price

As of September 21, 2026, the STRC preferred stock linked to Sarcos Technology and Robotics Corporation was quoted at approximately USD 98.78 on its primary Nasdaq listing, with a small post-market move to USD 98.92 and a daily change of about 0.5 percent relative to the prior close. This places Sarcos Technology and Robotics stock, via STRC, close to its USD 100 par value and well above the earlier USD 75 level recorded earlier in 2026.