Strategy Introduces 11.25% Yield Preferred Shares to Attract Bitcoin Investors
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Strategy Inc., the largest corporate holder of Bitcoin, is preparing to issue more perpetual preferred shares to attract investors who want Bitcoin exposure without sharp stock price swings.
Meanwhile, the move comes as its stock swings sharply with Bitcoin, and the company looks for safer, yield-based funding options tied to its digital asset treasury strategy.
Strategy Introduces 11.25% Yield Preferred SharesIn a recent interview, Phong Le said that Strategy plans to issue new perpetual preferred shares to address investor concerns about sharp price swings in its common stock. The company’s shares often move more aggressively than Bitcoin itself, both up and down, because its business model is closely tied to the cryptocurrency.
To reduce this volatility risk, the company is introducing a new preferred share product called “Stretch.”
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