AB Kuai.Dong
AB Kuai.Dong|Aug 03, 2026 12:25
The world's largest Bitcoin reserve company, Strategy, sold 1,638 Bitcoins last week to save its preferred stock. At the same time, they also sold their common stock to raise more cash. In the past, this company continuously issued preferred stock pegged at a value of $100 with an annualized return of 12%, using the funds raised to purchase Bitcoin, expanding their Bitcoin reserves to 840,000 BTC. However, since May this year, when their preferred stock dropped below $100 and has yet to return to the official reference price, MicroStrategy (Strategy) has shifted from its previous model of selling stock to buy Bitcoin. Instead, they are now selling Bitcoin and their common stock to repurchase preferred stock, stabilize stock prices, and distribute dividends to shareholders.
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