Digital Asset Treasuries

Strategy's STRC preferred stock closed eight cents below its $100 stated value as shareholders approved daily dividends on four preferred securities. Executive Chairman Michael Saylor said preliminary results from the Oct. 28 vote showed 99.3% of votes cast supported the amendment, allowing the company's four US-listed preferred securities, STRC, STRF, STRK and STRD, to accrue……

Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets. While Michael Saylor's Strategy intensified its preferred-stock buybacks, Strive accelerated its Bitcoin accumulation, highlighting diverging priorities in how the companies deploy capital. Strategy's STRC purchases exceed $2 billion Strategy's Bitcoin buying streak ended after five consecutive weeks……

Strategy faces potential exclusion from MSCI indexes under new guidelines barring non-operating businesses, just as its shares trade significantly below their all-time high following the October announcement.

Led by Michael Saylor, Strategy made its first back-to-back weekly Bitcoin purchases since June, boosting its record holdings to 847,666 BTC while also executing major buybacks for its STRC preferred stock.

GameStop faces a crucial test as its Bitcoin covered-call options strategy with a $70,000 strike price could mean giving up roughly $31 million in potential upside amid soaring crypto prices.

Strategy and Strive collectively purchased roughly $183 million in Bitcoin last week as a renewed cryptocurrency rally past $85,000 helped corporate balance sheets recover previous unrealized losses.