Strategy market cap down 40% after pivot from bonds to preferreds Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues. The post Strategy market cap down 40% after pivot from bonds to preferreds appeared first on… Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: Altcoins - @ January 22, 2026 7:02 pm