The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market. Since 2025, preferred stocks funded purchases of 135,979 BTC through Oct. 5, Fidelity said. Bitwise expects ETFs to remain the larger demand source, with preferreds attracting yield investors. Dividend obligations and buybacks could constrain further bitcoin purchases. Bitcoin BTC $84,459.46 treasury companies like Strategy (MSTR) and Strive (ASST…
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