According to Barron's, executives at Strategy (formerly MicroStrategy) continue to increase their holdings in preferred shares as both Bitcoin and the company's stock price decline. Regulatory filings show that the company's director, Jane Dietze, Chief Investment Officer at Brown University, purchased 1,100 shares of STRC preferred stock at approximately $95.28 on November 21. Director Jarrod Patten also accumulated over 23,000 shares last month, and several executives increased their positions in September. Compared to the common stock, which has fallen 38% this month, the price of STRC preferred shares has only adjusted about 2%, showing significantly lower volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
According to Barron's, executives at Strategy (formerly MicroStrategy) continue to increase their holdings in preferred shares as both Bitcoin and the company's stock price decline. Regulatory filings show that the company's director, Jane Dietze, Chief Investment Officer at Brown University, purchased 1,100 shares of STRC preferred stock at approximately $95.28 on November 21. Director Jarrod Patten also accumulated over 23,000 shares last month, and several executives increased their positions in September. Compared to the common stock, which has fallen 38% this month, the price of STRC preferred shares has only adjusted about 2%, showing significantly lower volatility.