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Strategy and Strive Weigh Bitcoin Purchases Against Preferred Stock Dividend Obligations

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Strategy and Strive are facing a balancing act between continuing to buy bitcoin and meeting dividend payments on their preferred stock. The preferred securities have been used to finance purchases of nearly 136,000 bitcoin. Analysts expect this approach to open a funding channel that complements the larger bitcoin ETF market. The article frames the issue as a trade-off between expanding crypto holdings and sustaining the cash commitments tied to these securities.

Read the full story at CoinDesk

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Strategy and Strive Weigh Bitcoin Purchases Against Preferred Stock Dividend Obligations · ShortSingh