# Сопутствующие статьи по теме Preferred Stock

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Preferred Stock", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Is MicroStrategy Selling Bitcoin Not a Bearish Signal? Deconstructing the 5 Financial Logics Behind Corporate Bitcoin Divestment

The article "Is Strategy Selling Bitcoin Not a Bearish Signal? Decoding 5 Financial Logics Behind Corporate Bitcoin Divestment" analyzes why companies might sell their bitcoin holdings, arguing it's not necessarily negative. It begins by noting the market's surprise at Strategy's potential sale, contrasting its previous "never sell" stance. The core argument is that corporate decisions prioritize shareholder value, and selling bitcoin can be a rational strategic choice. The article outlines five key financial reasons for such sales: 1. **Increase Bitcoin Holdings Per Share:** Companies can use proceeds from bitcoin sales to repurchase shares when the stock price is undervalued relative to its bitcoin assets. This reduces the outstanding share count, potentially increasing the bitcoin amount backing each remaining share. 2. **Optimize Capital Structure & Reduce Financing Costs:** Building cash reserves through bitcoin sales can improve credit ratings (as favored by agencies like S&P), leading to lower future borrowing costs. Repaying debt with sale proceeds also reduces financial leverage. 3. **Legitimate Tax Planning:** In the absence of wash-sale rules for bitcoin in the US, companies can sell to realize capital losses, then repurchase, lowering the tax basis of their holdings and creating tax offsets. 4. **Counter Negative Market Narratives:** A controlled, non-disruptive sale could demonstrate market resilience and disprove fears that corporate selling would crash the market, thereby normalizing bitcoin as a corporate treasury asset. 5. **Repurchase Preferred Stock at a Discount:** If a company's preferred stock trades significantly below its face value, using bitcoin sale proceeds to repurchase it can retire expensive liabilities at a profit, saving on future dividend payments. The conclusion emphasizes that bitcoin's monetary properties offer flexibility. Strategic sales can protect corporate and shareholder interests, making asset utilization more important than rigid "hold" mandates.

marsbit05/23 02:35

Is MicroStrategy Selling Bitcoin Not a Bearish Signal? Deconstructing the 5 Financial Logics Behind Corporate Bitcoin Divestment

marsbit05/23 02:35

48 Hours, $2.7 Billion: Strategy's STRC ATM Mechanism is Accumulating Bitcoin at an Unprecedented Pace

Strategy's STRC ATM (At-The-Market) mechanism is accelerating its Bitcoin acquisition at an unprecedented pace. In just the first two trading days of the week, it generated $2.74 billion in volume, absorbing approximately 29,914 BTC—more than double the 13,927 BTC acquired in the entire previous week, representing a 115% increase. Notably, 100% of the STRC shares traded on both Monday and Tuesday were above the $100 face value threshold, the condition required to trigger the ATM and convert equity demand into Bitcoin purchases. Tuesday alone saw an estimated $1.57 billion in volume, absorbing 16,762 BTC—equivalent to 37 times the daily Bitcoin mining output. This surge demonstrates a new scale of sustained demand for the variable-rate perpetual preferred shares. If this pace continued, the weekly acquisition could reach roughly 75,000 BTC, fundamentally redefining corporate Bitcoin treasury strategies. While such extreme velocity may not be sustained, the mechanism is consistently converting market demand into large-scale Bitcoin accumulation.

marsbit04/15 09:35

48 Hours, $2.7 Billion: Strategy's STRC ATM Mechanism is Accumulating Bitcoin at an Unprecedented Pace

marsbit04/15 09:35

Strategy Issues Preferred Stock to Steady Bitcoin Bet

Strategy is increasing its issuance of preferred stock to continue accumulating Bitcoin while reducing the impact of market volatility on its common shares. The new preferred product, named "Stretch," offers a variable dividend currently set at 11.25%, adjusted monthly to keep the stock trading near its $100 par value. This structure aims to attract investors seeking exposure to digital assets but wanting to avoid Bitcoin's typical price swings. The company raised approximately $370 million through common stock and $7 million via preferred shares in a recent offering, using the funds to expand its Bitcoin holdings to over 714,000 BTC, valued at around $48 billion. Despite Bitcoin's significant price decline, Strategy remains committed to its long-term accumulation strategy and aims to strengthen its balance sheet by reducing refinancing risks and limiting dilution through preferred shares.

TheNewsCrypto02/12 10:11

Strategy Issues Preferred Stock to Steady Bitcoin Bet

TheNewsCrypto02/12 10:11

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