# Fidelity Says Preferred Stock Has Funded 135,979 Bitcoin as Strive Lists a 15% Dividend Issue

BlackRock filed for a bitcoin fund that limits losses and caps gains, and JPMorgan Asset Management forecast about 10% a year for bitcoin over the next decade while still declining to recommend it.

- Published: 2026-10-21T05:37:25.162Z
- Canonical: https://polylog.news/crypto/2026-10-21/fidelity-says-preferred-stock-has-funded-135-979-bitcoin-as
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/fidelity-says-preferred-stock-funded-135979-bitcoin/), [Bitcoin Magazine (Strive)](https://bitcoinmagazine.com/news/strive-debuts-new-preferred-stock), [CoinDesk](https://www.coindesk.com/markets/2026/10/20/blackrock-seeks-to-shield-bitcoin-investors-from-losses-after-rival-fund-weathers-50-crash), [Bitcoin Magazine (BlackRock)](https://bitcoinmagazine.com/news/blackrock-files-for-new-bitcoin-etf), [Bitcoin Magazine (JPMorgan)](https://bitcoinmagazine.com/news/jpmorgan-says-bitcoin-could-outperform), [Polylog editors](https://polylog.news)

Perpetual preferred stock has paid for purchases of 135,979 bitcoin, according to an October 20 report by Zack Wainwright, a research analyst at Fidelity Digital Assets, reported by crypto.news. Fidelity describes this funding method, used…

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