Strategy fell 3.84% in pre-market trading as attention turned to how the company is deploying capital. While Strive bought 1,375 Bitcoin, Strategy skipped another Bitcoin purchase and spent $176 million buying back its own preferred shares—two different moves involving the same floating-rate preferred stock structure. Strategy says 91% of its balance sheet is permanent capital, but its latest actions are raising fresh questions about management’s priorities.
For informational and educational purposes only. Not financial advice.
#MSTR #Strategy #Bitcoin #MarketRecap
Comments