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AscendEX (Formally BitMax) |
By Newton Kitonga at 2026-05-10 01:24
Sentiment: Positive
TLDRs; Strategy ramps up Bitcoin exposure with a $2.54 billion purchase funded largely through high-yield preferred share offerings. The company leans on STRC shares to reduce dilution concerns tied to common stock issuance among investors. Bitcoin rally boosts Strategy’s valuation, pushing total holdings to roughly $61 billion amid rising institutional interest. Preferred dividend structure introduces [...] The post Strategy (MSTR) Stock; Gains as Preferred Share Strategy Powers $2.5B Bitcoin Acquisition appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #Bitcoin #Crypto Investments #Strategy stock #Web3
Source Coin Central