NasdaqGS:MSTRSoftware
Strategy (MSTR) Is Up 9.5% After Boosting Equity-Funded Bitcoin Hoard With Higher-Yield Stretch Preferred
Earlier in January, Strategy Inc. disclosed that it had purchased 13,627 bitcoin for about US$1.25 billion, lifting its treasury to 687,410 BTC, funded through sales of common stock and its Variable Rate Series A Perpetual Stretch Preferred Stock whose annual dividend was raised from 10.75% to 11.00% for 2026 periods.
This latest transaction, coinciding with MSCI’s decision to keep Strategy in its indexes and insider share purchases, highlights how the company is using equity and high-yield...