Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy
In brief Strategy purchased 24,869 Bitcoin last week for $2 billion, marking its largest acquisition in nearly a month. The purchase was funded by issuing...
Tag : preferred
STRC preferred stock investors are mispricing major 'dislocation' risk: Analyst
Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt...
Bitcoin Firm Strive Unveils Daily Dividend Payments for SATA Preferred Shares
In brief SATA is set to become the first U.S. security to pay cash dividends every business day starting June 16. Strive reported a first-quarter...
Bitcoin Firm Metaplanet Posts $725 Million Loss, Delays Preferred Share Offerings
In brief Metaplanet reported a first-quarter loss of $725 million, a sharp widening compared to $31 million last year The company reported a jump in...
Tennessee Bankers Association names Stablecore as preferred digital asset provider
The Tennessee Bankers Association (TBA), a trade group representing the state’s commercial banks, has selected Stablecore as a preferred technology provider for digital asset services,...