NasdaqGS:MSTRSoftware
Stretch Preferreds Reshape Strategy Bitcoin Funding And Dilution Trade Offs
Strategy, listed as NasdaqGS:MSTR, has launched and expanded a perpetual preferred stock program branded "Stretch" to fund additional Bitcoin acquisitions.
The company is using Stretch to raise capital for its Bitcoin strategy while aiming to limit dilution from new common share issuances.
The preferred structure introduces fixed dividend obligations that could reshape Strategy's capital mix and risk profile over time.
Strategy, trading at $126.07, sits at the intersection of AI analytics...