Episode Details

Strategy has slashed its net leverage to nearly zero by amassing $6.69 billion in cash—just shy of its $6.75 billion convertible debt—bolstering financial stability and sending its preferred stock STRC soaring over 35% since June to $97.23. Driven by aggressive buybacks, rising bitcoin prices nearing $80K, and CEO Michael Saylor’s vision for a “Digital Credit Capital Framework,” the company is positioning cash for bitcoin purchases, dividends, interest, and debt repayment. Meanwhile, peers like Strive Asset Management are also reducing debt, strengthening their capital structures and enabling more share issuance.

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