Strategy’s preferred-stock fix puts renewed bitcoin buying back on the table. Analysts flag the setup as a clearing event for $MSTR, and the read-through is better BTC demand expectations. Actual purc

What happened: Strategy shares fell after Q3 earnings, but StoneX and TD Cowen kept buy ratings, citing a $4.83B cash reserve and a more stable STRC preferred structure. Key numbers: $4.83B cash reserve; Q3 earnings; buy ratings from StoneX and TD Cowen. Why it matters: Analysts say the preferred-stock fix sets up renewed bitcoin buying, and both firms maintained their buy ratings despite the post-earnings drop.

Strategy shares fell after Q3 earnings, but StoneX and TD Cowen kept buy ratings, citing a $4.83B cash reserve and a more stable STRC preferred structure.

Analysts say the preferred-stock fix sets up renewed bitcoin buying, and both firms maintained their buy ratings despite the post-earnings drop.