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via Cointelegraph · By Cointelegraph Staff
Strategy Preferred Stock Risk ‘Out Of Hand,’ Arca CIO Says
CS
Cointelegraph Staff(12:05 PM UTC)
1 min read
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0 commentsStrategy is facing renewed scrutiny over its preferred stock financing model as investors question whether dividend obligations could eventually pressure the company to sell some of its Bitcoin.
The Strategy situation has “gotten out of hand,” Arca chief investment officer Jeff Dorman said in an X post on Thursday, referring to its roughly $15 billion in preferred stocks carrying around $1.5…
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