Preferred Stock Crypto News
Preferred Stock crypto news from Token Times: 2 original briefs, each synthesised from across 50+ outlets, cross-checked for agreement on the key figures, enriched with live market data and Bitcoin-timestamped for provenance. The latest Preferred Stock developments are below — updated hourly, with the data context no single outlet carries.
Strategy adds 1,036 BTC while repurchasing $188.3M of preferred stock
Strategy disclosed a Bitcoin purchase alongside a major buyback of its STRC preferred stock as the broader crypto market remained sharply risk-averse.
BTC-2.1%Schiff Targets Strategy’s STRC as Buybacks Support Its 12% Yield
Peter Schiff called Strategy’s STRC preferred stock “dead,” arguing that $2.04 billion in buybacks are sustaining the product despite its advertised 12% dividend yield.
BTC-1.4%