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MicroStrategy Uses STRC as a Digital Credit Tool to Raise Capital Efficiently for Bitcoin Purchases
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MicroStrategy Uses STRC as a Digital Credit Tool to Raise Capital Efficiently for Bitcoin Purchases
Strategy formerly MicroStrategy, ticker MSTR uses its Stretch perpetual preferred stock (STRC) as a digital credit tool to raise capital efficiently for Bitcoin purchases. When STRC trades at or above its $100 par value, the company can issue new shares via its at-the-market (ATM) program. Proceeds go primarily toward buying more BTC, while STRC offers […] The post MicroStrategy Uses STRC as a Digital Credit Tool to Raise Capital Efficiently for…
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