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Barchart
Barchart
Subhasree Kar

CEO Phong Le Bought 11,000 Shares of MicroStrategy Preferred Stock as STRC Hit All-Time Lows

Strategy (MSTR) CEO Phong Le is sending a notable signal to investors as he steps in to buy shares of the company’s preferred stock during a period of intense pressure. In one of the most closely watched insider transactions recently, Le purchased 11,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for $998,756 as the security traded near record lows, with the purchase executed at prices around $90.66 to $90.87 per share.

The move comes as investors reassess Strategy’s capital structure, Bitcoin (BTCUSD), exposure, and the sustainability of its preferred-stock strategy, making Le’s insider purchase a key development for shareholders watching whether STRC’s recent weakness represents a risk or a potential opportunity.

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