Dossier
Variable Rate Series A Perpetual Stretch Preferred Stock
Coverage of Variable Rate Series A Perpetual Stretch Preferred Stock in the Nexus archive.
- Strategy (MSTR) Retires $1.5 Billion in Convertible Debt at a Discount, Bitcoin Holdings Hit 843,738 BTC
Strategy (MSTR) retired $1.5 billion in convertible debt at an 8% discount, saving $120 million, while increasing its Bitcoin holdings to 843,738 BTC. The move reflects aggressive capital management and generated a $333 million BTC Dollar Gain from the bond buyback.
- Strategy (MSTR) Surges 25% in 5 Days as Bitcoin Price Pumps Near $79,000
Shares of Strategy (MSTR) surged over 25% in five days amid Bitcoin's price rally to nearly $79,000. The company purchased 34,164 BTC ($2.54 billion) between April 13-19, 2026, becoming the largest corporate Bitcoin holder with 815,061 BTC. Funding came primarily from preferred stock (STRC) sales, with $2.18 billion raised through 21.8 million shares.