Strategy’s preferred stock financing may cost it bitcoin, K33 argues
K33 argues Strategy could accumulate more bitcoin over time by relying on common stock issuance rather than preferred shares.
Archive context
Published in the last two hours. A tracked entity is involved.
Why this matters
Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on The BlockRelated market context
Strategy spent nearly nine times as much on STRC buybacks as Bitcoin last week
Strategy (formerly MicroStrategy) bought 250 Bitcoin for $21.5 million last week while spending $192.4 million to repurchase its S...
Peter Schiff Surprised by Bitcoin’s Strength as Michael Saylor’s Strategy Boosts BTC Holdings to 848,250
Schiff continues to expect further declines, but Strategy’s latest purchases highlight the company’s commitment to Bitcoin as a lo...
The Smarter Web Company’s Bitcoin-backed preferred stock begins trading on the LSE
The introduction of Bitcoin-backed preferred shares on the LSE could diversify income investment options, but volatility in Bitcoi...
Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff, as cryptocurrency liquidations exceeded $800 milli...
Strive Adds $280M in Bitcoin, Outpacing Strategy With Biggest Buy Since January
Strive has acquired another 3,311 bitcoin for approximately $280 million, marking its largest weekly purchase since January and it...
STRC Nearly Hits $100 After Bitcoin Giant Strategy Breaks Buyback Promise
Strategy’s STRC preferred stock closed at $99.88 on Monday, its best finish since May, after the bitcoin treasury giant spent roug...