Strategy Issues Preferred Stock for Bitcoin Buying Spree
Update: 2025-11-10
Description
Strategy, a company renowned for its Bitcoin acquisitions, has introduced a novel funding method: issuing fifty million dollars in preferred stock instead of common stock. This strategy enables them to expand their Bitcoin holdings without affecting the ownership stake of common shareholders. Recently valued at seventy-one billion dollars, Strategys market value is nearing a significant milestone, with its Bitcoin stockpile currently worth sixty-seven point eight billion dollars. The companys latest Bitcoin purchase, valued at fifty million dollars, brings their total holdings to nearly six hundred forty-one thousand seven hundred Bitcoin. Strategy anticipates an additional seven hundred fifteen million dollars from its first euro-denominated preferred share, potentially making it their largest Bitcoin purchase since mid-July.
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