News Explorer — Bitcoin Giant Strategy Just Sold a Record Number of Preferred Shares in a Single Day

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Mar 10, 10:05 am

Coindesk

Bitcoin Giant Strategy Just Sold a Record Number of Preferred Shares in a Single Day

Strategy, the largest holder of Bitcoin, sold a record number of perpetual preferred equity, Stretch (STRC), to purchase approximately 1,420 Bitcoin. The company's Bitcoin accumulation strategy is supported by proceeds from STRC, which saw a significant increase in trading volume on Monday.

Strategy, the largest holder of Bitcoin, sold a record number of perpetual preferred equity, Stretch (STRC), to purchase approximately 1,420 Bitcoin. The company's Bitcoin accumulation strategy is supported by proceeds from STRC, which saw a significant increase in trading volume on Monday.

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