Strategy CEO: The company will issue more perpetual preferred shares

DeepFlowTech · 2026-02-12T00:28:47+00:00

Strategy CEO Phong Le stated that the company will issue more perpetual preferred shares "Stretch" to alleviate concerns about stock price volatility, provide digital capital exposure, and hedge risks. Preferred shares constitute a small portion of the financing, with some of the sold equity used for Bitcoin purchases.

DeepFlowTech

2026-02-12 00:28:47

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Deep Tide TechFlow News, February 12 — According to Bloomberg, Strategy CEO Phong Le stated in an interview that the company will issue more perpetual preferred shares to alleviate investors’ concerns about its stock price volatility. Le said that the company is offering investors a tool called “Stretch,” which provides “exposure to digital capital while avoiding volatility risks” through the issuance of perpetual preferred shares. The product’s dividend rate resets monthly, currently at 11.25%, aiming to keep its trading price stable near the $100 face value.

So far, preferred shares have accounted for a small portion of Strategy’s financing. The company has sold approximately $370 million in common stock and $7 million in perpetual preferred shares to fund its Bitcoin purchases over the past three weeks.

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