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MicroStrategy's STRC preferred stock slid to a record low, far below its $100 par. STRC dividends are discretionary, so a price drop triggers no Luna-style liquidation. Strategy's $1.4 billion cash ...
Strategy bought 1,587 Bitcoin for $100M but raised $209M selling stock. It sold no preferred shares, leaning only on MSTR common stock. Its USD reserve hit $1.1 billion for dividends and debt interest ...
The crypto market got a shock on June 1 when Strategy (Nasdaq: MSTR), née MicroStrategy, announced its first Bitcoin (BTC) sale in years. Even though the co-founder Michael Saylor had hinted about the ...
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