Strategy's STRC Falls to Record Low, Squeezing a Bitcoin Funding Channel
Strategy's STRC preferred stock extended its slide to a fresh record low on Thursday, deepening the discount on one of the main channels the largest corporate bitcoin holder uses to fund its purchases. The Variable Rate...
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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.
Strategy Buys 250 Bitcoin for $21.5M, Sending Total Holdings to a Record 848,250 BTC
Key Takeaways: On its part, Strategy is said to have bought 250 BTC at $21.5 million or an average price of $86,194 per BTC. It ow...
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...
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...
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...