Just caught this - Strive's preferred stock finally hit par value and apparently that's a big deal for unlocking new bitcoin funding channels. Never really understood how this stuff works until I started reading more about it. Basically when preferred stock reaches par value it opens up different financing options that weren't available before. Pretty interesting move in the institutional crypto space. The whole setup with preferred stock hitting par value seems to be becoming more common as traditional finance infrastructure gets layered into crypto. Not sure if this signals bigger institutional moves coming or just a technical milestone. Anyone else following this stuff or am I the only one paying attention to these funding mechanisms? The bitcoin angle makes sense given where we are in the cycle.

BTC0.28%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin