Michael Saylor calls STRC, Strategy’s new Bitcoin-backed preferred stock, the firm’s “iPhone moment,” as it raises $2.5B and launches a $4.2B ATM program.

Bitcoin-backed yield products may appeal to retirees seeking alternative income, but only if structured with safeguards, sources told Decrypt.

The company said it wouldn’t issue shares to buy Bitcoin if its enterprise value divided by the dollar value of its Bitcoin is below 2.5 times.

MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading lower on Friday. The company, which does business as Strategy, ...

Strategy (MSTR) has priced the initial public offering of 28,011,111 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at $90 per share, raising approx ...