The post Strategy’s board member Jarrod Patten buys $2.3M of STRC preferred stock appeared on BitcoinEthereumNews.com. Key Takeaways Jarrod Patten, a Strategy board member, bought $2.3 million in STRC shares, signaling strong insider confidence. Strategy is best known for its strategy of accumulating Bitcoin as part of its corporate treasury and is seen as a proxy for Bitcoin exposure. Strategy board member Jarrod Patten purchased $2.3 million worth of the company’s Series A Perpetual Stretch Preferred Stock (STRC) last week, according to a new SEC filing. Strategy is a business intelligence software company that has positioned itself as a key player in corporate cryptocurrency adoption through its Bitcoin treasury strategy. The purchase reflects continued insider confidence in Strategy’s direction. Board members have shown support for the company’s Bitcoin-focused approach by acquiring preferred stock, aligning with broader executive backing for its crypto strategy. Strategy has maintained its strategy of accumulating Bitcoin despite market volatility. The company’s stock, trading under the ticker MSTR, is often viewed as a proxy for Bitcoin exposure due to its substantial cryptocurrency holdings. Source: https://cryptobriefing.com/strategy-board-member-buys-strc-bitcoin/The post Strategy’s board member Jarrod Patten buys $2.3M of STRC preferred stock appeared on BitcoinEthereumNews.com. Key Takeaways Jarrod Patten, a Strategy board member, bought $2.3 million in STRC shares, signaling strong insider confidence. Strategy is best known for its strategy of accumulating Bitcoin as part of its corporate treasury and is seen as a proxy for Bitcoin exposure. Strategy board member Jarrod Patten purchased $2.3 million worth of the company’s Series A Perpetual Stretch Preferred Stock (STRC) last week, according to a new SEC filing. Strategy is a business intelligence software company that has positioned itself as a key player in corporate cryptocurrency adoption through its Bitcoin treasury strategy. The purchase reflects continued insider confidence in Strategy’s direction. Board members have shown support for the company’s Bitcoin-focused approach by acquiring preferred stock, aligning with broader executive backing for its crypto strategy. Strategy has maintained its strategy of accumulating Bitcoin despite market volatility. The company’s stock, trading under the ticker MSTR, is often viewed as a proxy for Bitcoin exposure due to its substantial cryptocurrency holdings. Source: https://cryptobriefing.com/strategy-board-member-buys-strc-bitcoin/

Strategy’s board member Jarrod Patten buys $2.3M of STRC preferred stock

Key Takeaways

  • Jarrod Patten, a Strategy board member, bought $2.3 million in STRC shares, signaling strong insider confidence.
  • Strategy is best known for its strategy of accumulating Bitcoin as part of its corporate treasury and is seen as a proxy for Bitcoin exposure.

Strategy board member Jarrod Patten purchased $2.3 million worth of the company’s Series A Perpetual Stretch Preferred Stock (STRC) last week, according to a new SEC filing. Strategy is a business intelligence software company that has positioned itself as a key player in corporate cryptocurrency adoption through its Bitcoin treasury strategy.

The purchase reflects continued insider confidence in Strategy’s direction. Board members have shown support for the company’s Bitcoin-focused approach by acquiring preferred stock, aligning with broader executive backing for its crypto strategy.

Strategy has maintained its strategy of accumulating Bitcoin despite market volatility. The company’s stock, trading under the ticker MSTR, is often viewed as a proxy for Bitcoin exposure due to its substantial cryptocurrency holdings.

Source: https://cryptobriefing.com/strategy-board-member-buys-strc-bitcoin/

Market Opportunity
Particl Logo
Particl Price(PART)
$0.2747
$0.2747$0.2747
+5.12%
USD
Particl (PART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Trading Psychology After a Losing or Winning Streak

Trading Psychology After a Losing or Winning Streak

Winning and losing streaks affect traders more than most realise. Psychology, not strategy, often determines what happens next. 📉 After a losing streak
Share
Medium2026/01/24 19:32
The Longevity Pivot: Is Regenerative Medicine Disrupting the Global Under Eye Filler Market?

The Longevity Pivot: Is Regenerative Medicine Disrupting the Global Under Eye Filler Market?

We have historically treated the aging face much like a distressed asset: patch the cracks, paint over the damage, and hope the structure holds for another fiscal
Share
Techbullion2026/01/24 19:30