Strategy’s Preferred Shares Form a Bullish Circle Around Bitcoin
Billions raised through STRK, STRF, STRD and STRC cement Strategy’s role as the top corporate Bitcoin proxy in 2025.
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Billions raised through STRK, STRF, STRD and STRC cement Strategy’s role as the top corporate Bitcoin proxy in 2025.
Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.
The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
Token consolidates above $2.98 support after $273M volume spike during Tuesday session.
Token holds narrow range near $0.22 as large holders liquidate and corporate desks absorb flows.
The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.
Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto’s circulation, the bank’s Geoff Kendrick said.
Most cryptos have taken out their Sunday flash crash lows late in the U.S. session on Monday.
Despite the major partnership, LINK declined 5% over the past 24 hours alongside the broader crypto weakness.
The company now holds 102,237 ether worth about $489 million.