STRC

MicroStrategy, the US software firm turned corporate bitcoin holder, has resumed its continuous bitcoin purchase program, according to a Moomoo news report. The company's STRC preferred stock dividend reform is drawing attention alongside the buying resumption, as investors watch how MicroStrategy finances further bitcoin accumulation.

Strategy, the Bitcoin-focused company formerly known as MicroStrategy, purchased more Bitcoin while simultaneously repurchasing shares of its STRC preferred stock in a transaction totaling roughly $294 million. The move signals the company is continuing to fund Bitcoin acquisitions even as it manages its complex capital structure of debt and preferred instruments.