Story thread · 13 reports / 9 sources

Strive Added 1,375 Bitcoin While Strategy Added None. Their Preferred Shares Explain Why.

247wallst.com · 5dShare

Both Strive and Strategy use the same floating-rate preferred stock structure to fund their Bitcoin ambitions, yet one just bought 1,375 coins while the other spent $176 million buying back its own shares. The reason comes down to where each preferred stock trades relative to its par value.

First report: Strive CEO Matt Cole announces upcoming purchase of over 1,100 BTC — cryptobriefing.com, 7d