The one metric investors are overlooking in Michael Saylor’s Strategy

The one metric investors are overlooking in Michael Saylor’s Strategy

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailThe one metric investors are overlooking in Michael Saylor’s StrategyIncreased preferred-equity issuance and surging STRC trading volumes are reshaping how Strategy's common stock trades.By James Van Straten|Edited by Sheldon RebackUpdated Apr 13, 2026, 10:19 a.m. Published Apr 13, 2026, 10:16 a.m. Make preferred on Strategy Executive Chairman Michael Saylor (CoinDesk)What to know: Amplification, defined as debt plus preferred equity divided by bitcoin reserves, has risen to 33%, meaning a growing layer of senior claims sits ahead of equity, reducing the buffer for MSTR holders.Trading of the STRC preferred stock has surged from low single digits to 20% of MSTR volume.Higher amplification and the growing STRC activity make the structure

Source: https://www.coindesk.com/markets/2026/04/13/the-one-metric-investors-are-overlooking-in-michael-saylor-s-strategy