Strategy's preferred stock financed roughly 136,000 BTC purchases in 20 months
- —Preferred stock funded roughly 136,000 BTC over 20 months
- —Estimate covers the period from the first preferred sale through Oct. 5
- —The figure comes from Fidelity Digital Assets
Why it matters: It shows Strategy funds its bitcoin buying through preferreds as well as debt and equity, a key source of BTC demand.
Source: Coinotag