Strategy (MSTR) Preferred Stock Has Financed 136,000 Bitcoin (BTC) Purchases in 20 Months

Strategy (MSTR) used perpetual preferred shares to finance about 136,000 Bitcoin (BTC) purchases over 20 months, according to Fidelity. The company now weighs dividends against buybacks as it continues its aggressive accumulation strategy. The preferred stock structure has become a key funding mechanism for its Bitcoin treasury operations.