[Strategy's Preferred Stock Financing Structure Stabilizes, Potentially Creating Conditions for Resuming Bitcoin Acquisitions] Odaily reports that analysts at StoneX and TD Cowen believe that Strategy's stabilizing preferred stock financing structure and improved liquidity create conditions for the company to resume increasing its Bitcoin holdings and raising its Bitcoin per share. Both institutions maintain a buy rating with target prices of $435 and $260, respectively. As of the end of the third quarter, Strategy held $5.07 billion in US dollar assets, including $4.83 billion in cash reserves, enough to cover preferred stock dividends and debt interest for approximately 3.2 to 3.4 years. Strategy also spent approximately $2 billion repurchasing STRC preferred stock, helping its price recover to near its $100 par value. However, because the funds were prioritized for replenishing cash reserves and supporting preferred stock rather than increasing Bitcoin holdings, Strategy's Bitcoin per share has decreased by 3.7% year-to-date. In addition, STRC, STRF, STRK, and STRD preferred shareholders have approved daily dividend accrual: effective November 1 for STRC and January 1 for the other three classes. Management stated that this move aims to reduce volatility, improve liquidity, and expand demand. TD Cowen believes that broader sales channels and better liquidity could ultimately improve Strategy's efficiency in issuing "digital lending" products.