Strategy CEO Phong Le: Both $60K Bitcoin Sale and $80K Rebuy Were Right Calls
TLDR: Strategy sold 7,000 BTC near $60K to fund preferred dividends, calling it the right trade. Net debt fell from $7 billion to...
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 pa...
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par va...
Strategy cuts net leverage to near zero as cash nearly matches convertible debt
The bitcoin treasury company has built nearly four years of preferred-dividend coverage while continuing to repurchase STRC below...
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months.