Strategy to Deepen Focus on Digital Credit Product, CEO Says

Phong LePhotographer: Brent Lewin/Bloomberg

Strategy Inc., a company that hoards Bitcoin, will issue more perpetual preferred stock to ease the concerns of investors worried about buying its volatile shares, said Chief Executive Officer Phong Le.

“We’ve engineered something to protect investors who want access to digital capital without that volatility,” Le said in an interview with Bloomberg Television.