Preferred Shares

family office

2026-07-23 16:15:16

Family Office Sells 25% Micron Stake, Goes All-In on Strategy's Plunging STRC Preferred Shares

Crypto veteran Richard Byworth revealed he helped a family office swap 25% of its Micron position for Strategy's STRC preferred stock, triggering heated debate. STRC trades at $74.57, far below its $100 par value.

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Empery Digita

2026-07-23 12:40:16

Empery Digital invests $20 million in CDP as part of AI data center push

Empery Digital, a Nasdaq-listed bitcoin treasury company, said it has completed a $20 million strategic investment in preferred shares of AI data center developer Cardinal Data Power, or CDP. After the transaction, Empery Digital will hold about an 8% stake in the company. The investment forms a key part of CDP’s $70 million Series A financing round. According to the announcement, all of the proceeds will be used to advance construction of CDP’s first AI data center campus in West Texas, United States. The news was cited by Businesswire and carried by Odaily.

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Strategy

2026-07-23 04:30:14

Strategy Expands Stretch Perpetual Preferred Shares to Curb Stock Volatility

Strategy plans to issue more Stretch perpetual preferred shares, using monthly dividend resets and a $100 price target to offer lower-volatility exposure while continuing to buy BTC.

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Strategy

2026-07-22 23:45:14

Peter Schiff Warns Strategy’s 11.5% Preferred Yield Could Force Bitcoin Sell-Off

Gold advocate Peter Schiff argues Strategy's 11.5% preferred shares create unsustainable costs, potentially forcing BTC sales and triggering a 'death spiral' for the firm's bitcoin treasury model.

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STRC

2026-07-22 20:30:14

STRC Slides 25% as Ripple CEO Challenges Bitcoin Financing Model

A sharp drop in STRC has intensified scrutiny of Strategy’s Bitcoin funding model. Ripple CEO Brad Garlinghouse criticized financial engineering, while CryptoQuant said the dividend buffer behind STRC has fallen from more than seven years to 14 months.

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Bitcoin

2026-07-16 09:47:05

Bitcoin Treasury Capital wins approval to list Sweden’s first BTC-backed preferred share

BitcoinTreasuries.NET said in a post on X that Bitcoin Treasury Capital has received approval to list BTC PREF, described as Sweden’s first BTC-backed preferred share, on Spotlight Stock Market. The post said the preferred share will offer a 10% annual dividend and is scheduled to begin trading on July 20. The update identifies both the issuer and the venue, and sets out the key terms disclosed so far: the BTC backing, the dividend rate and the start date for trading. No additional details were provided in the source material about the structure of the product, the size of the offering or any further listing terms.

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Preferred Sha

2026-07-15 03:32:10

Crypto preferred share trading hits $13 billion as Strategy-led model spreads beyond digital assets

Trading in preferred shares issued by crypto-related companies accelerated sharply in 2026, with normalized monthly volume reaching about $13 billion in June, according to the source article. The increase was driven largely by STRC and a growing list of newly listed preferred securities, reflecting a shift from what had long been a niche financing market dominated by banks and insurers into a broader, more liquid asset class. The article argues that the more important signal is not only higher turnover, but the maturation of the preferred-share market itself. As liquidity deepens, these securities are becoming more efficient in pricing coupon rates and issuer quality, while secondary-market depth, relative value, and the durability of investor demand are also improving. That trend is no longer confined to crypto. In June, Alphabet launched its first convertible preferred stock offering as part of an equity financing package of more than $80 billion to fund AI infrastructure. Super Micro Computer also said it would issue $3.75 billion in convertible preferred stock within a $7 billion capital raise for AI expansion. The article says those moves show preferred shares gaining traction as a scalable financing tool across industries.

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Strategy

2026-07-04 02:00:14

Strategy Launches 5 Million-Share STRC Offering to Expand Its Bitcoin Treasury

Strategy has announced a proposed initial public offering of 5,000,000 shares of Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC Stock, in a move designed to support its broader Bitcoin treasury strategy. The company said the proceeds will be used for general corporate purposes, including Bitcoin acquisitions and working capital. According to Strategy, STRC will start with cumulative monthly dividends at an annual rate of 9.00%, with the flexibility to adjust that rate within defined limits based on changes in one-month term SOFR. The company also said it intends to manage the dividend rate so that STRC trades at or near its stated amount of $100 per share. The security includes issuer redemption rights, change-of-control style repurchase provisions, and a liquidation preference that begins at $100 and adjusts daily based on recent market data or offering prices. Strategy also used its presentation to highlight the historical performance of its Bitcoin balance sheet approach, citing annualized returns of 104% for MSTR versus 59% for Bitcoin and 14% for the S&P 500. In Q2 2025 alone, the company said it added $21 billion in digital asset value and increased its BTC holdings from 528,185 to 597,325. In a separate disclosure released the same day, Strategy said it acquired 6,220 BTC for about $740 million between July 14 and July 20, bringing total holdings to 607,770 BTC, worth roughly $74.1 billion.

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