Strategy and Strive are balancing the need for cash to fund bitcoin purchases while maintaining investor interest in their preferred stock offerings. Since 2025, preferred stocks have financed purchases of 135,979 BTC, with analysts noting that dividend obligations could limit further acquisitions. The companies are attracting yield investors with perpetual preferreds, which offer dividends without fixed maturity, but face challenges as increasing issuance may conflict with dividend commitments and bitcoin sales. The Strategy preferred stock currently trades around $99.40.