Strategy Halts Preferred-Share Sales Used for April Bitcoin Buying

Strategy halted sales across its four preferred-share classes between April 27 and May 3, while selling $82 million of MSTR stock and buying no Bitcoin. The pause left MSTR common stock as the only active funding source, even though available capacity still exceeded $27 billion across the preferred-share programs. The freeze contrasts with April 13–19, when Strategy funded a $2.54 billion Bitcoin purchase mostly through STRF preferred shares.

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