Key Highlights: Strategy expanded its Bitcoin treasury to 848,517 BTC valued at roughly $68.9 billion, while executing select sales to finance preferred dividends and share buybacks. The company repurchased $2.04 billion of its STRC preferred stock, boosted total U.S. dollar reserves to $5.07 billion, and announced a shift toward daily dividend accruals. CFO Andrew Kang ...
Key Highlights Strategy separates cash reserved for dividends and debt interest from funds available for investment, acquisitions and buybacks. MSTR common shares offer business ownership and bitcoin-related upside, while STRC preferred shares target dollar income and lower price volatility. Shareholders will vote on Oct. 28 on a proposal to accrue dividends daily and generally pay ...
Strategy raised $602.8 million by selling 4,531,421 MSTR common shares in one week, allocating the proceeds across a new Bitcoin purchase, support for its STRC…
Michael Saylor has hinted that Strategy may have made its first bitcoin purchase since June 22, as bitcoin approached $79,000. Bitcoin was up nearly 1%…