Tag Archives: Strategys

Michael Saylor Explains Why Strategy’s STRC Preferred Stock Is the Firm’s ‘iPhone Moment’

Michael Saylor Explains Why Strategy’s STRC Preferred Stock Is the Firm’s ‘iPhone Moment’

Strategy (MSTR), the bitcoin-focused corporate entity formerly known as MicroStrategy, launched its Perpetual Stretch Preferred Stock (STRC) late last month — an offering Executive Chairman Michael Saylor has described as the company’s “iPhone moment.” The STRC preferred stock has already raised $2.5 billion, and a newly opened $4.2 billion at-the-market (ATM) program could extend its scale even further — offering …

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Strategy’s Bitcoin Holdings Cross 600K BTC With New Buy

Strategy’s Bitcoin Holdings Cross 600K BTC With New Buy

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, made another major investment in the asset during the past week as BTC surged to new historic highs of $118,000. Strategy acquired 4,225 Bitcoin (BTC) for $472.5 million last week, the company announced in a US Securities and Exchange Commission filing on Monday. Strategy’s new Bitcoin buy averaged $111,827 per …

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