Strategy’s board member Jarrod Patten buys $2.3M of STRC preferred stock
Crypto Briefing
Strategy board member Jarrod Patten purchased $2.3 million in the company's STRC preferred stock last week.Summary
Jarrod Patten, a board member at Strategy, acquired $2.3 million worth of the company’s Series A Perpetual Stretch Preferred Stock (STRC) recently, according to an SEC filing. This purchase signals strong insider confidence in Strategy's direction, particularly its strategy of accumulating Bitcoin for its corporate treasury. Strategy, which trades under the ticker MSTR, is often considered a proxy for Bitcoin exposure due to its significant cryptocurrency holdings, highlighting its role as a bridge between traditional finance and digital assets.
(Source：Crypto Briefing)