Topic
preferred-stock
2 stories related to this topic, newest first.
Benzingafinance7 days agoDeveloping
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.
finance14 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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