POPA Recon✔️Strategy sells some BTC to defend preferred stocks
✔️Strategy sells some BTC to defend preferred stocks Strategy sold 1,638 BTC last week to protect preferred stock prices and secured cash by issuing additional common stocks. 1️⃣ Sell 1,638 BTC + secure liquidity by issuing common shares 2️⃣ Promote purchase of preferred stock with secured funds 3️⃣ The existing ‘stock issuance → BTC purchase’ strategy is also combined with the ‘BTC sale → preferred stock defense’ strategy. ✍️ Strategy, which used to only collect Bitcoin, has now come up with a strategy to utilize the BTC held according to market conditions. Original tweet
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