Strategy opens Bitcoin sales to repurchase preferred stock Saylor explains funding strategy in detail

According to Bitcoin.com, Strategy Executive Chairman Michael Saylor disclosed that the company will buy back STRC preferred shares (Series A permanent preferred shares, nominal amount of US$100) by selling Bitcoin or MSTR shares in the future depending on market conditions. When the STRC transaction price is significantly lower than US$100, a discount repurchase can reduce future dividend expenditures and is highly attractive for capital allocation.