Crypto
Strategy says preferred stock will fund most of its Bitcoin buying
On its third-quarter call, Strategy said it will mainly sell preferred stock like STRC to buy Bitcoin and save common stock sales for dividends and interest.
On its third-quarter call, Strategy said it will mainly sell preferred stock like STRC to buy Bitcoin and save common stock sales for dividends and interest. The company holds 848,517 BTC and keeps $5 billion in cash reserves.
The story dates from and ran in The Pit Report for Oct 31, 2026. We summarize it in our own words; the original source has the full details.
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News summary written in our own words with a link to the original source. Not financial advice. Not affiliated with Robinhood. Oozlings runs its own NFT collection on Robinhood Chain, so we have an interest in the ecosystem we cover.