Odaily News: Strategy CEO Phong Le stated during a Bloomberg live stream that Strategy will begin shifting from equity financing to preferred stock financing to raise funds for purchasing BTC. (BitcoinTreasuries.NET)

Odaily News Bitcoin treasury company Strategy disclosed that its perpetual preferred stock STRC achieved a trading volume of $93 million yesterday, with the trading price above $100.

Odaily News: Strategy plans to issue more perpetual preferred shares named "Stretch," aiming to reduce the stock price volatility risk faced by investors through fixed asset value products. These preferred shares currently offer a variable dividend rate of 11.25%, which resets monthly to maintain a par value of $100. Strategy currently holds over 714,000 Bitcoins, with a total value of approximately $48 billion. Affected by the decline in Bitcoin's price, Strategy reported a net loss of $12.4 billion in the fourth quarter. CEO Phong Le stated that this move is designed as a protective mechanism for investors who want exposure to digital capital but wish to avoid volatility. Executive Chairman Michael Saylor indicated that concerns about the company being forced to sell its holdings due to Bitcoin's price decline are unfounded, and the company plans to continue purchasing Bitcoin quarterly.

Odaily News: Michael Saylor, Executive Chairman of Strategy, stated in an interview with CNBC that concerns about the company being forced to sell its holdings due to a decline in Bitcoin's price are unfounded. He reiterated that the company has no plans to stop accumulating Bitcoin and expects to continue purchasing it every quarter in the future. Michael Saylor pointed out that Bitcoin, as digital capital, has volatility as one of its characteristics. He anticipates that over the next 4 to 8 years, Bitcoin's performance will be 2 to 3 times that of the S&P 500 index.

Currently, Strategy holds 714,644 Bitcoins, with a total acquisition cost of approximately $54.35 billion and an average holding cost of $76,056 per Bitcoin. Despite facing paper losses at present, Michael Saylor emphasized that the company's balance sheet carries no credit risk, and its cash reserves are sufficient to cover dividend and debt payments for the next two and a half years. Last week, the company purchased an additional 1,142 Bitcoins for approximately $90 million.

Odaily According to data from msx.com, as the U.S. stock market opened, the Dow Jones Industrial Average rose 0.11%, the S&P 500 Index rose 0.13%, and the Nasdaq Composite Index rose 0.1%. Crypto-related stocks showed mixed performance, with ETHZilla down 2.02%, Circle down 1.13%, Bit Digital down 2.22%, Hut 8 down 0.85%, Coinbase down 2.73%, and Strategy up 2.6%.

It is reported that msx.com is a decentralized RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.