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Morning Edition · Tuesday, July 28, 2026Published at 1:30 AM EDT · New York
Strategy Skips Bitcoin a Fifth Week and Buys Back Its Own Preferred Stock
The company repurchased 25 million dollars of STRC shares instead of adding Bitcoin, as US spot Bitcoin funds saw nearly half a billion dollars of outflows end seven straight days of inflows.
Strategy, the largest corporate holder of Bitcoin, skipped a Bitcoin purchase for a fifth consecutive week and instead conducted a 25 million dollar buyback of its STRC preferred stock, according to a filing. A company built on continuous a…
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Leveraged Bitcoin Treasury Vehicles Show Financing Strain
Over ~3-9 months, Bitcoin treasury companies face mounting financing stress as their funding instruments trade below par on dividend-coverage doubts, testing the sustainability of the debt/preferred-funded accumulation model.
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- WEMIX Freezes Its Network After Owner-Key Breach Mints 5.23 Million Stablecoins
- Ethereum Researchers Confront the AMM Design That Already Runs a Third of Solana Trading
- US Senate Sets Aside Crypto Market-Structure Bill as State Regulators Push Back
- On-Chain Data Points to a Quiet Custody Breach as 5,287 ETH Moves to One Address
- SEC Commissioner's Vault Framework Puts DeFi's Hidden Managers in View
- Regulated Perpetual Futures Arrive in the US as Banks Hold Back
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