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Strategy Inc. raises $2.5B via Stretch preferred shares backed by 21,000+ bitcoins, linking centuries of finance history.

Protocol Fundamentals
08 Nov 2026, 03:30 WIB
Bitcoin
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Bullish
Strategy Inc. raises $2.5B via Stretch preferred shares backed by 21,000+ bitcoins, linking centuries of finance history.

Strategy Inc. raised about $2.521 billion in July 2025 through its Stretch preferred shares, which are backed by 21,021 bitcoins. Michael Saylor, the company's founder, connected this financing model to four centuries of financial history, highlighting how preferred shares and modern securities regulation underpin the structure. Stretch shares pay daily dividends and have no maturity date, with the company actively repurchasing shares funded by bitcoin sales and cash reserves. This innovative approach blends traditional finance with bitcoin holdings, offering investors income while relying on the company's resources rather than direct bitcoin ownership.

Michael Saylor's discussion of Bitcoin income comes as the cryptocurrency market shows mixed performance on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 08, 2026 07:51 WIB: out of 50 priced major cryptocurrencies, 10 rose and 38 fell today. Notable movers include ONE (Harmony) up 11.28% at Rp38 with a typical hold time of 154 days, BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, and EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days.

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