Strategy Bitcoin Bet Grows As Preferred Funding And Stream Challenges Mount
Strategy, listed as NasdaqGS:MSTR, purchased 22,305 Bitcoins for about US$2.13b, its largest weekly buy since 2024.The company is leaning further into preferred equity funding, including a uniquely structured capital stack.Its non U.S. Stream (STRE) perpetual preferred product has struggled to gain traction and was removed from the company dashboard.At a share price of US$163.11, NasdaqGS:MSTR sits after a 3 year return that is very large, and a 5 year return of 164.2%. More recently,...
