Strategy's preferred stock is key to its BTC accumulation, says Benchmark

Strategy's perpetual preferred stock, STRC, is a key driving force for the company's Bitcoin accumulation, according to Mark Palmer, an analyst at U.S. investment bank Benchmark. The Block reported that Palmer believes the strategy utilizing STRC will significantly contribute to increasing the company's Bitcoin holdings on a per-share basis. This follows an earlier statement from Strategy Chairman Michael Saylor, who said during a keynote at 'Strategy World 2026' that the company would shift its focus from advising other firms to invest in Bitcoin to strengthening its own structure for purchasing Bitcoin via STRC.