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Strategy Shifts to Preferred Stock to Boost Bitcoin (BTCUSD) Holdings as STRC Rebounds

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Strategy plans to fund Bitcoin purchases via preferred stock sales instead of common equity, with the STRC preferred shares regaining value amid stable Bitcoin prices near $66,800.
  • The company avoids acquisitions, focusing on core product and sees preferred stock as key for Bitcoin accumulation in 2024.
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BTCUSD price history

76431.40 +14.08% over the displayed period

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