Search results for preferred shares
Crypto
Castle launches service to automatically buy bitcoin with Strategy STRC preferred stock dividends
U.S. bitcoin management service provider Castle has introduced a function that automatically converts dividends from Strategy\'s STRC preferred shares into bitcoin. Users can receive dividends in cash, convert all of them into bitcoin, or split them at a chosen ratio. Strategy still pays STRC dividends in cash, and Castle executes bitcoin purchases based on user settings. Strategy said the annual dividend rate applied after September 2026 is 12 percent, reviewed monthly.
Crypto
Strategy halts bitcoin buying again, redeems $176.3 million of STRC
Strategy stopped buying bitcoin again a week after resuming purchases. It instead redeemed 1,810,885 shares of its STRC preferred stock for $176.3 million and doubled the limit for its digital credit securities repurchase programme to $2 billion from $1 billion. The company did not buy or sell bitcoin from Aug. 31 to Sept. 7 and kept holdings at 845,050 BTC. It said it has $5.1 billion in dollar reserves and $1.44 billion in cash.
Crypto
Strive buys another 1,375 bitcoins, holdings rise to 24,531 BTC
U.S. bitcoin treasury firm Strive bought an additional 1,375 bitcoins, raising its holdings to 24,531 BTC. The company purchased the coins between Aug. 31 and Sept. 4 at an average price of $79,281 per bitcoin including fees and expenses, for about $109 million in total. CEO Matt Cole said about 70 percent of last week’s financing came from issuing variable-rate perpetual preferred stock SATA.
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Crypto
BitMine builds 5.9 million ether; 5 percent stake possible without further buys
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Crypto
AIXC exits crypto treasury strategy, sells bitcoin and ether to pivot to robotics
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Crypto
Strategy says selling bitcoin at $60,000 and buying at $80,000 was right at the time
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Crypto
Strategy\'s STRC push to reclaim $100 par value faces test
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Crypto
Strive buys bitcoin for 9 straight trading days, funding structure put to test
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Crypto
Strategy resumes bitcoin buying after 2 months, adds 4,603 BTC
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Games & Commerce
Musinsa first-half operating profit 52.3 billion won, down 11.2 percent on year
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Crypto
Michael Saylor says \'We\'re back\' as Strategy may resume bitcoin buying
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Crypto
Strategy\'s \'BTC stop\' vs BitMine\'s \'ETH go\' as firms diverge in same rally
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Finance
Kiwoom Securities analysis finds 20s-30s favor SK Hynix, 40s-50s Samsung Electronics
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Crypto
Strategy again does not buy bitcoin, secures $1.59 billion cash reserve
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Crypto
Strategy raises $2.01 billion by selling MSTR shares, launches USD Cash for bitcoin treasury
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Crypto
Michael Saylor calls bitcoin \'digital energy\' as Strategy capital structure draws attention
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Crypto
Japan\'s Metaplanet seeks to set up \'Superplanet\' treasury platform with 2,100 bitcoin investment
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Crypto
Saylor calls money \'economic energy\' and says bitcoin is best store