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Strategy plans to expand its Bitcoin holdings through preferred stock issuance, Cointelegraph reported. Michael Saylor, Strategy’s chairman, said on the company’s third-quarter earnings call, “currently, our balance sheet supports up to $30 billion in additional Digital Credit without issuing any new common stock or requiring further appreciation in BTC.” CEO Phong Le said funding through preferred shares such as STRC will be a key tool for additional BTC purchases going forward.