According to a CoinDesk report, Strategy, a company holding bitcoin, is experiencing a shift in its capital structure. The value of its preferred equity has surpassed its convertible debt, leading to a reduction in credit risk. This development indicates a move toward permanent capital, which is expected to decrease refinancing risk and stabilize credit volatility for the company.

According to a CoinDesk report, Strategy, a company holding bitcoin, is experiencing a shift in its capital structure. The value of its preferred equity has surpassed its convertible debt, leading to a reduction in credit risk. This development indicates a move toward permanent capital, which is expected to decrease refinancing risk and stabilize credit volatility for the company.