Back to all news
Bitcoin

Strategy’s preferred-stock fix sets up renewed bitcoin buying, analysts say

The Block·October 30, 2026·1 min read
Strategy’s preferred-stock fix sets up renewed bitcoin buying, analysts say

Strategy fell after Q3 earnings, but StoneX and TD Cowen kept buy ratings, citing a $4.83B cash reserve and a more stable STRC preferred structure. Analysts say this setup enables renewed bitcoin buying, reinforcing confidence in the company's treasury strategy despite the stock dip.

Read at The Block
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store