Strategy opens Bitcoin sales to repurchase preferred shares, Saylor elaborates on funding strategy

According to Bitcoin.com, Strategy Executive Chairman Michael Saylor revealed that the company will consider market conditions in the future to repurchase STRC preferred shares (Series A perpetual preferred shares, with a par value of $100) by selling Bitcoin or MSTR stock.

When the trading price of STRC is significantly below $100, the discounted repurchase can reduce future dividend expenses and has strong capital allocation appeal.