PANews reported on February 12th, citing Bloomberg, that Strategy CEO Phong Le stated in an interview that the company will issue more perpetual preferred stockPANews reported on February 12th, citing Bloomberg, that Strategy CEO Phong Le stated in an interview that the company will issue more perpetual preferred stock

Strategy CEO: The company will issue more perpetual preferred stock to alleviate investor concerns about the share price.

2026/02/12 08:13
1 min read

PANews reported on February 12th, citing Bloomberg, that Strategy CEO Phong Le stated in an interview that the company will issue more perpetual preferred stock to alleviate investor concerns about the stock's volatility. Le explained that the company is providing investors with a tool that "gains exposure to digital capital while mitigating volatility risk" through the issuance of perpetual preferred stock (product name "Stretch"). The product's dividend rate resets monthly, currently at 11.25%, designed to stabilize its trading price around its $100 par value. To date, preferred stock has represented a small percentage of Strategy's funding. The company has sold approximately $370 million in common stock and $7 million in perpetual preferred stock to fund its recent Bitcoin purchases over the past three weeks.

Le's statement aligns with previous public statements by Executive Chairman Michael Saylor. In a CNBC interview on Tuesday, Saylor stated that market concerns that a Bitcoin price drop would force the company to sell its holdings were "unfounded," and reiterated the company's plan to "continue buying Bitcoin every quarter."

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