The sell-off in Strategy’s preferred stock has investors questioning everything0

• Business, Cryptocurrencies, Finance, Newsletters
• June 29, 2026

In 2025, Bitcoin’s foremost booster pitched financial alchemy. At a conference in Prague, Michael Saylor, the executive chairman of the Bitcoin hoarder Strategy, touted his company’s newest stock offering. “I give you the upside, you have no downside, and I pay you a dividend while you wait to get rich,” he said. Saylor was extolling