Strategy and Strive Balance Bitcoin Purchases With Preferred Dividends
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Strategy and Strive face competing demands from bitcoin purchases and preferred stock dividends, according to CoinDesk.
Strategy and Strive face a capital-allocation challenge as they weigh bitcoin purchases against dividend payments on preferred stock, according to CoinDesk.
The issue centers on balancing funds used to acquire bitcoin with payments to preferred shareholders. Those priorities place different demands on available capital.
The supplied report did not include purchase amounts, dividend figures or details of how either company plans to manage the competing demands.
Source: CoinDesk