Crypto
Strategy nears STRC issuance cap, will bitcoin buying slow
Strategy’s key funding source for bitcoin purchases, its STRC preferred stock, is nearing an issuance cap of about $28.3 billion, raising the possibility that bitcoin buying could slow or stop within a year, an analysis said. Delphi Digital said the cap could become a major constraint. It said dividend obligations would remain even if issuance hits the limit. The analysis highlighted mNAV and stock issuance conditions as key variables for future fundraising and bitcoin accumulation.
