Topic
preferred-stock
4 stories related to this topic, newest first.
CoinDeskbusiness12 hrs ago
Strategy Sells 3,588 Bitcoin, Raising Dollar Reserve to $3 Billion While Holdings Fall to 843,775 BTC
Strategy has not bought bitcoin since June 22 and sold 3,588 BTC in two transactions to build a $3 billion U.S. dollar reserve. The reserve covers 20.4 months of preferred-stock dividends and debt interest totaling $1.76 billion annually.
CoinDeskfinance23 days ago
Strategy Preferred Stock STRC Falls Below $83
STRATEGY's dividend-paying preferred stock dropped to an intraday low of $83 on Thursday. The decline followed a convertible-note repurchase, bitcoin price drops, and a shift in dividend frequency.
Benzingafinance53 days ago
Michael Saylor Compares Bitcoin to Fighter Jet, STRC Shares to Passenger Jet
Michael Saylor, Executive Chairman of Strategy, described Bitcoin as a fighter jet and the company's STRC preferred shares as a passenger jet during a CNBC appearance. He said Bitcoin reached a high near $125,000 in October and may have bottomed near $60,000.
finance60 days ago
Strategy Uses Preferred Stock to Fund $2.54 Billion Bitcoin Purchase
Strategy bought $2.54 billion worth of bitcoin between April 13 and April 19, increasing its holdings to 815,061 BTC. The purchases were financed primarily through issuance of perpetual preferred stock traded under the symbol STRC. The company has raised billions through the pref…
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