From March to May 2026, companies issued perpetual preferred shares to raise over $7 billion, using the proceeds to purchase more than 95,000 Bitcoin (BTC). By October 5, 2026, total Bitcoin acquired through this method reached 135,979 BTC. These preferred shares pay dividends and have no maturity date, allowing issuers to sell more shares when prices are favorable and invest in Bitcoin. This financing strategy depends on Bitcoin's price rising enough to cover dividend costs, posing risks tied to Bitcoin's long-term performance and the issuing companies. While significant, these purchases are smaller than the 888,185 BTC accumulated by spot Bitcoin ETFs in their first year after launching in January 2024. Fidelity Digital Assets plans to monitor ongoing demand for Bitcoin via preferred shares and potential new products.
Bitcoin purchases financed by preferred stock provide context for cryptocurrency market activity on Pluang as of Oct 21, 2026 12:51 WIB. Of 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable movers include COMP (Compound) up 21.94% at Rp467.869 with 68% buy order activity, BAL (Balancer) up 11.14% at Rp16.297, and THETA (Theta Network) down 9.88% at Rp3.705 with 100% sell order activity.
IBA has treated the first patient in the C-FLASH-01 clinical trial, the first human study testing ConformalFLASH® proton therapy. This trial, conducted at Penn Medicine with FDA approval, explores the feasibility of using ultra-high dose rate proton ...
WISeQey Corp. completed its redomiciliation and began trading on Nasdaq and the SIX Swiss Exchange, marking a new phase focused on integrating its quantum cybersecurity, digital identity, and space IoT technologies. Its subsidiary WISeSat.Space also ...
IBA has treated the first patient in the C-FLASH-01 clinical trial, testing its ConformalFLASH® proton therapy for head and neck cancer re-irradiation. This trial, led by Penn Medicine and approved by the FDA, explores ultra-high dose rate proton the...
Sika AG has agreed to acquire the adhesives business of Japan's Resonac Corporation, which serves automotive customers across Asia. This acquisition will expand Sika's access to key Japanese automotive OEM suppliers and broaden its product offerings,...
Hudbay and Mitsubishi have approved the construction of the Copper World project, a major new copper mine in the U.S. This project is significant as it advances the development of a key resource mine, with production expected to begin in 2029. The ap...
