Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Summary
Strategy and Strive are managing a careful balance between purchasing bitcoin and paying dividends on their preferred stock. These securities have successfully funded the acquisition of nearly 136,000 bitcoin, creating a new financial channel that experts anticipate will work alongside the broader exchange-traded fund market.
The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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