Strategy CEO Shifts Focus to Preferred Stock for Bitcoin Acquisitions

Phong Le, the Chief Executive Officer of Strategy, has announced a significant change in the company’s approach to financing its Bitcoin acquisitions. The firm is increasingly turning its attention away from the issuance and sale of common stock, opting instead to explore preferred stock as a viable funding source.

Le emphasized that the company does not intend to pursue Bitcoin treasuries, indicating a clear strategic direction for how they plan to invest in cryptocurrency moving forward. This shift highlights Strategy's commitment to adapting its funding strategy in the evolving digital asset landscape.