MicroStrategy Opens Bitcoin Sales to Repurchase Preferred Stock, Saylor Details Capital Strategy

TechFlow news, July 28, according to Bitcoin.com, Strategy Executive Chairman Michael Saylor disclosed on July 27 that the company will, subject to market conditions, repurchase STRC preferred shares (Series A perpetual preferred stock, nominal amount $100) by selling Bitcoin or MSTR stock in the future. When the STRC trading price is significantly below $100, repurchasing at a discount can reduce future dividend expenses, offering strong capital allocation appeal.