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As the price of bitcoin (BTC) declines towards the average purchase price at Strategy (formerly MicroStrategy), founder Michael Saylor is willing to pay USD dividends at up to 18% per year to access more capital. In an announcement about a new series of stock that he calls the “STRF Perpetual Preferred Stock,” Saylor revealed that Strategy is offering 5 million new shares with $100 of liquidation preference and limited conversion rights into MSTR common shares. Liquidation preference is the right to receive money in the event of a “liquidity” (payout) event such as an acquisition, public offering, or dividend. Instead of convertibility at a $1,000 strike price per MSTR share which is a marquee feature of Strategy’s STRK preferred shares, Saylor is simply focused on paying cash to entice investment in his new STRF preferred shares. Strategy is upping its dividend rate from STRK’s 8% rate. Instead, STRF holders will enjoy a 10% fixed dividend in USD that incre...

There are few companies that have been winning on Wall Street the way that META has in recent weeks. However, a rather surprising development took place that has some investors spooked. Indeed, META CEO Mark Zuckerberg has sold $30 million worth of the stock at a 52-week high. This has left many wondering just why he would sell such a high point. The tech firm has been dominating, with it reporting a 49% jump in net income during its Q4 earnings report. Even despite ongoing geopolitical tensions and concerns growing, META is still up less than 1% and trading above the $709 mark Thursday. Just two days ago, the company reached an all-time high closing price of $704. Source: CNBC Also Read: META Stock Eyes 12th Straight Gain, Adds $235B in Record Streak META’s Zuckerberg Drops $300 Million in Shares: Here’s What to Know Throughout the first month of the year, META has established itself as a clear Wall Street winner. With the US enacting aggressive economic policy that has thr...

As the anticipation intensifies surrounding the possible approval of the first spot Bitcoin (BTC) exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) and the approaching halving event, there is one trade that seems to have gone under the radar – Bitcoin mining stocks . Indeed, as Scott Melker, the host of ‘The Wolf of All Streets’ podcast, pointed out, “Bitcoin mining stocks have largely lagged during this bull run,” but it could be time “to consider an investment” in them, as he explained in the latest episode of his show streamed on November 29. Bitcoin price effect As it happens, Melker was discussing the cryptocurrency and stock market with investor Mike Alfred, and they both made a bullish case for Bitcoin miners, arguing that this is where investors “should be deploying your capital if you want to take advantage of all Bitcoin has to offer in the next cycle.” According to Alfred, “Bitcoin mining equity acts as a sort o...