• Strategy (NasdaqGS:MSTR) executed its largest Bitcoin purchase in over a year, acquiring more than 34,000 BTC.
• The acquisition was funded primarily through a sizable sale of preferred and common stock.
• The company also proposed changing Stretch (STRC) preferred stock dividend payments from monthly to semi-monthly.
• Shareholders are scheduled to vote on the proposed STRC dividend change at the upcoming annual meeting.

For investors following Strategy, the latest move reinforces the company’s role as both an enterprise software provider and a significant corporate holder of Bitcoin. The new Bitcoin purchase, backed by fresh equity and preferred capital, adds another layer to how the business uses its balance sheet alongside its…