Robinhood’s decision to list Strategy’s four preferred stocks marks a rare break from its own investment policies — and could strengthen Michael Saylor’s bitcoin playbook without diluting holders of the firm’s common stock, MSTR. The brokerage began offering trading in four Strategy (MSTR) preferred stocks on Oct. 2, with tickers STRC, STRD, STRF, and STRK now available on the platform. The next day, CEO Vlad Tenev confirmed the move on X, saying Robinhood had “heard from many Strategy investors that t ...

Strategy notched its third smallest Bitcoin acquisition of the year on Monday, disclosing that it only bought $22 million worth of the asset, according to a press release. The Tysons, Virginia-based firm now owns roughly 64,000 Bitcoin, which was worth $73.1 billion on Monday, as Bitcoin climbed past $114,000, according to crypto data provider CoinGecko. That sum represented around 3% of the Bitcoin that will ever be mined. Although the Bitcoin purchase that Strategy disclosed on Monday was its smallest sin ...