Strategy company uses preferred stock to purchase $1.6 billion worth of Bitcoin

LootboxPhobia · 2026-03-17T03:01:10+00:00

Strategy Inc. purchased nearly $1.6 billion in Bitcoin from March 9 through last week, marking its largest acquisition since January, accumulating 22,337 BTC during this period. The funding sources included common stock sales and Stretch perpetual preferred shares, which offer investors an 11.5% annual return. The company is promoting a diversified financing structure approach to gain Bitcoin exposure.

LootboxPhobia

2026-03-17 03:01:10

Abstract generation in progress

Investing.com – Strategy Inc. purchased nearly $1.6 billion worth of Bitcoin between March 9 and last week, according to regulatory filings submitted on Monday. This is the company’s largest purchase since January.

The company, formerly known as MicroStrategy, acquired 22,337 Bitcoins during this period. About $400 million of the purchase funds came from common stock sales, while the remaining $1.2 billion was raised through the market sale of its Stretch perpetual preferred stock.

Stretch securities are a dividend-paying instrument similar to perpetual bonds, promising investors an 11.5% annual return, backed by the Bitcoin held by the company.

Last week marked the largest Stretch sale by Strategy since the securities’ initial public offering in July of last year. It was also the first time in several weeks that the company primarily relied on Stretch to fund its purchases.

During this period, Strategy has been promoting these securities as a way for investors and companies to gain Bitcoin exposure without bearing the volatility of cryptocurrencies.

Strategy has developed a financing structure that includes debt, preferred stock, and equity, all used to purchase Bitcoin. Each instrument offers investors a different combination of risk and return.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

BTC1,32%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes