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Stretch (STRC)

Coverage of Stretch (STRC) in the Nexus archive.

Earliest in view: Jul 27 · 14:36 UTCMost recent: Jul 27 · 14:36 UTC
Co-mentioned in this coverage
Bitcoin Treasury Strategyorganization1Phong Leperson1Bitcointopic1MicroStrategyorganization1MSTRorganization1
Recent coverage
  • BUSINESSJul 27 · 14:36 UTCBITCOIN MAGAZINE
    Strategy Skips Bitcoin Again, Buys Back $25M of STRC Stock

    Bitcoin Treasury Strategy (MSTR) skipped purchasing Bitcoin for the fifth consecutive time, instead using $25 million to buy back its Stretch (STRC) preferred stock. The company sold 5.4 million MSTR shares, generating $544.5 million in proceeds, and maintains 843,775 Bitcoins on its balance sheet. CEO Phong Le affirmed the company’s long-term commitment to Bitcoin despite the pause in new purchases.

Stretch (STRC) · Dossier · The Nexus