Strategy perpetual preferred stock STRC price rebounds to $100, which may help to continue increasing Bitcoin holdings

BTC1,12%

Odaily Planet Daily News: Strategy (MSTR) issued perpetual preferred stock Stretch (STRC) regained $100 in pre-market trading on Wednesday. Strategy may sell more shares at market price to raise funds for further BTC purchases. The last time STRC traded at this level was between November 4 and November 13, after which it dropped to a low near $90. Following a price rebound, Strategy can issue shares through an ATM method linked to this product. (CoinDesk)

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