Community Articles
via Decrypt · By Decrypt Editorial
Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy
BTC
BTC/USDT
$64,751.40
+1.87%
$64,751.40
+1.87%
(24s)24h Volume
$11,962,386,750.98
24h H/L
$65,176.60 / $63,560.54
Change: $1,616.06 (2.54%)
Long/Short
57.3%
Long: 57.3%Short: 42.7%
Funding Rate
+0.0043%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(02:50 PM UTC)
1 min read
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 nearly $2 billion in Stretch (STRC) preferred shares right before its ex-dividend date.
- CEO Phong Lee reported a year-to-date "BTC Gain" of $6.6 billion, highlighting "digital credit" as a key driver.
Strategy unveiled its largest Bitcoin…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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