Update
Strategy, Strive Balance Bitcoin Purchases with Preferred Stock Dividends
Bitcoin-focused companies like Strategy (MSTR) and Strive (ASST) have a balancing act between funding their bitcoin purchases and maintaining investor interest in their preferred stock. The securities, which have financed over 136,000 bitcoin purchases in the past two years, sit between debt and common equity, offering regular dividends without a fixed maturity. This complements the larger ETF market and attracts investors who might avoid direct bitcoin ownership.