Strategy Inc adopted a framework allowing regular Bitcoin sales, functionally transforming into a hedge fund and driving a 7.9% intraday share increase on 44.93 million shares traded. Its preferred shares jumped 12.6% as Bitcoin oscillated between $60,000 and $62,000, fueling investor interest in both equity classes.
Strategy Inc unveiled a new corporate framework permitting systematic Bitcoin sales, with management describing the business model as functionally akin to a hedge fund. The approach aims to monetize mining gains and manage digital-asset inventory more actively, marking a departure from its traditional software focus.
Following the announcement, common shares of Strategy Inc spiked 7.9% intraday, trading 44.93 million shares—the highest volume in six months. The rally reflected investor enthusiasm for the company’s pivot toward active digital-asset management and revenue diversification.
Preferred shares of Strategy Inc surged 12.6% on volume exceeding 20 million, as yield-seeking investors sought exposure to the firm’s enhanced Bitcoin strategy. The widened move in preferred equity underscores growing appetite for higher-income instruments tied to digital-asset performance.
The strategic changes coincided with heightened Bitcoin volatility, as prices briefly dipped below $60,000 before reclaiming $62,000. Market debates over regulatory support and a collapsed BIP-110 proposal have added to the cryptocurrency’s price swings, influencing Strategy Inc’s stock dynamics.
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