Strategy Inc - Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Strategy's sale of Bitcoin just disrupted its long streak of only purchasing it.

The first Bitcoin treasury company has outperformed Bitcoin itself over the last five years.

One of the coin's biggest evangelists could become a (small) seller soon.

Bitcoin is a white-hot commodity from the perspective of one buyer in particular.

These two assets take very different approaches to generating value.

This asset is getting a lot of coverage, but that doesn't mean you need to own it.

STRC has a 66% correlation with Strategy’s Class A common stock.

Strategy bought its Bitcoin after selling 11.8 million of STRC preferred shares and common stock.

Elequin Capital LP, a hedge fund from New York, boosted its investment in Strategy by 134.9% in its third-quarter, per SEC filing.

Strive announced that it purchased 500,000 shares of Strategy’s perpetual preferred stock to strengthen its balance sheet.

The firm so far has bought 101 Bitcoins at an average price of $75,985.

Market analysts have speculated that STRC might perform particularly well during Bitcoin downturns.

Bitcoin-proxy Strategy (MSTR) slipped in premarket trade despite a Louisiana pension fund revealing a new $3.2 million stake.

Strategy Inc. (NASDAQ:MSTR) is up 2% on Monday after reporting a $3.9 billion Bitcoin (CRYPTO: BTC) gain in Q3 and breaking a key technical downtrend.

Pre-market stock movers are worth diving into on Tuesday as we check out all of the hottest news worth reading about this morning!