MSTR's Preferred Shares Boost Bitcoin Holdings
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays
Categories:
Michael Saylors MSTR stock, once a Bitcoin investment powerhouse, has seen a downturn this year due to reduced Bitcoin volatility and new investment options. In response, MSTR launched four new perpetual preferred products, raising $4.6 billion and offering strong returns. This strategy allows MSTR to grow its Bitcoin holdings without share dilution, expanding its reach with a Euro-denominated preferred stock.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
