Since 2025, preferred stocks have financed the purchase of about 136,000 bitcoin, representing over 0.5% of bitcoin's total supply. Companies like Strategy and Strive use these preferred shares to attract yield-focused investors without direct bitcoin ownership, complementing the larger ETF market. However, rising dividend payments and share buybacks create a challenge, as they compete with capital for further bitcoin acquisitions. While ETFs remain the dominant demand source, preferred stocks offer a unique channel for income investors, though their growth may be constrained by financial obligations and market conditions.
Strategy and Strive's use of preferred stocks to finance bitcoin purchases is notable in a market where only 3 of 50 major cryptocurrencies rose today. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 24, 2026 23:21 WIB: Harmony (ONE) fell 9.35% to Rp24 with 97% buy orders and a typical hold time of 153 days; COTI dropped 8.94% to Rp192 with 84% sell orders and a 122-day hold; Axie Infinity (AXS) declined 8.48% to Rp16,694 with 100% buy orders and a 63-day hold time.
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