Strategy seeks shareholder approval for daily preferred stock dividends
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Strategy Wants Its Preferred Stock Dividends to Accrue 365 Days a Year
STRF, STRC, STRK and STRD would accrue dividends on weekends and holidays, in a move Strategy says will dampen volatility.
Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys.
Cryptocurrency stocks fell in pre-market trading; STRATEGY down 4.1%.
According to data from Odaily Odaily, cryptocurrency stocks fell in pre-market trading, following Bitcoin's more than 2% decline. COINBASE GLOBAL fell 3.5%, BIT DIGITAL declined 3.6%, and STRATEGY fell 4.1%. RIOT PLATFORMS fell 4.4%, HUT 8 CORP fell 4.9%, and MARA HOLDINGS fell 3.5%.
AI server concept stocks were active in early trading, with Inspur Information hitting the daily limit.
According to Mars Finance, AI server concept stocks were active in early trading, with Inspur Information hitting the daily limit, Unisplendour Corporation hitting the daily limit for the third time in seven days, and Huaqin Technology, Sugon, and Digital China among the top gainers. In terms of news, Inspur Information released its earnings forecast, expecting net profit attributable to shareholders of the parent company to be between 2.6 billion and 3.1 billion yuan in the first half of 2026, a year-on-year increase of 226%-288%; net profit excluding non-recurring items is expected to be between 2.055 billion and 2.555 billion yuan, a year-on-year increase of 206%-280%. (Cailian Press)
Strategy raises $334M through stock sales but buys no Bitcoin
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion.
*Wintermute To Trade Commodities, Crypto Etfs, Tokenized Stocks Upon Regulatory APPROVAL: BBG
AggrNews News, *Wintermute to Trade Commodities, Crypto Etfs, Tokenized Stocks Upon Regulatory APPROVAL: BBG