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Wells Fargo sign on a building exterior. (Photo: Wells Fargo) ...
Bitcoin-buying firm Strategy will further push its preferred stock to fund its Bitcoin purchases, moving away from issuing common shares as the cryptocurrency trades at a low.
Strategy (MSTR) stock fell 5% to $126.14 as CEO announced preferred stock focus for Bitcoin buys with STRC hitting $100 par value Wednesday.
Noncumulative preferred stock doesn't entitle investors to unpaid or omitted dividends. Learn about this unique stock type ...
Strategy pivots to preferred stock with an 11.25% dividend to fund Bitcoin buys as shareholder pressure mounts and unrealized losses widen.
Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity.
Strategy Inc plans more perpetual preferred stock issuance to ease volatility concerns as Bitcoin drops below $67,000, CEO Phong Le says ...
Shares of Nvidia fell on Friday, while rival Advanced Micro Devices rallied after the CEO of Arista Networks said her company is shifting some workloads.