Strategy Bitcoin Bet Grows With Preferred Stock As Valuation Gap Widens
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Strategy Inc. (NasdaqGS:MSTR) acquired more than 22,000 BTC in a single week, its largest Bitcoin purchase of the year.
The company funded the move primarily through preferred stock and common equity, using high yielding, variable rate preferred shares (STRC).
This latest purchase lifts Strategy's total Bitcoin holdings above 761,000 BTC and puts it close to potentially surpassing BlackRock as the larges
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE.
Strategy Inc. (NasdaqGS:MSTR) acquired more than 22,000 BTC in a single week, its largest Bitcoin purchase of the year.
The company funded the move primarily through preferred stock and common equity, using high yielding, variable rate preferred shares (STRC).
This latest purchase lifts Strategy's total Bitcoin holdings above 761,000 BTC and puts it close to potentially surpassing BlackRock as the larges
1 month ago
