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Strategy to Sell More Common Stock to Redeem Preferred Shares

Bloomberg ·

STRC Strategy Inc - VR PRF PERPETUAL USD 100 - Ser A
$94.78 -0.51%
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  1. 1Strategy (MSTR) raised $333.7 million from common stock sales last week to fund preferred share redemption and cash reserves
  2. 2No bitcoin bought or sold in the seven days ended Aug. 16; no bitcoin purchases since mid-June
  3. 3Sold roughly $2.1 billion in common stock and redeemed about $347 million of STRC over the past five weeks; shifted to capital management in late June

This 3-line summary is compiled from the report below.

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