fintech / news / / CryptoSlate
Michael Saylor has signaled that Strategy, formerly MicroStrategy, may be preparing to buy more Bitcoin.
Strategy used STRC preferred stock to fully fund a recent $1 billion Bitcoin purchase.
KEY POINTS
- STRC posted over $1 billion in trading volume on consecutive days last week.
- Strategy may soon surpass BlackRock's IBIT as the second-largest Bitcoin holder globally.
- A proposed STRC dividend change from monthly to semi-monthly aims to boost liquidity and efficiency.
- Formal confirmation of any new purchase will come in Strategy’s next SEC filing on April 20.
COMPANIES
Summarized by Newsio from CryptoSlate. How we summarize →