In a significant financial development, Strategy has revealed that its preferred equity has now outstripped its convertible debt, marking a pivotal shift in its investment strategy. Based on the data provided in the document, this change is expected to provide the company with enhanced flexibility in managing its Bitcoin investments.
Strategy's Preferred Equity Surpasses Convertible Debt
As of January 21, 2026, Strategy's preferred equity has reached 836 billion, surpassing its convertible debt of 821.4 billion. This transition allows the company to make more strategic purchases of Bitcoin (BTC) without the limitations imposed by debt maturity.
Notable Acquisition of Bitcoin
The announcement follows a notable acquisition of BTC worth 2 billion, which is the largest purchase the company has made in the last seven months. By shifting from debt to preferred shares, Strategy aims to reduce refinancing risks and bolster its overall financial stability, positioning itself for future growth in the cryptocurrency market.
As Strategy shifts its investment focus, the cryptocurrency landscape continues to evolve with the rise of yield-bearing stablecoins. For more on this trend, see yield-producing stablecoins.
