Strategy Inc Directors and CEO Purchase Company Shares and Preferred Stocks Amid Bitcoin Buying Surge, Signaling 'Trust'
American Bitcoin and software firm Strategy Inc (NASDAQ: MSTR) recently saw both a board member and its chief executive officer purchase shares of the company, according to U.S. Securities and Exchange Commission filings. In a Form 4 filed January 12, independent director Carl J. Rickertsen disclosed that he bought 5,000 shares of Class A common stock in the open market the same day at an average price of $155.879 per share, committing a total of $779,395. The trades were executed in several transactions within the narrow price range of $155.77 to $155.88. Following the purchase, Rickertsen’s direct holdings increased to 5,000 shares. Separately, a Form 4 filed on January 8 showed that President and CEO Le Phong acquired 12 shares of Series A variable-rate Perpetual Stretch Preferred Stock on January 8 for his child’s minor-account at $99.99 per share, totaling approximately $1,200.
Strategy Inc, formerly MicroStrategy until its rebranding in 2025, is a Nasdaq-listed company known for its substantial Bitcoin holdings alongside its enterprise analytics and mobile software businesses. Headquartered in Tysons Corner, Virginia, the company’s co-founder Michael Saylor serves as board chair, while Le Phong (listed in filings as Phong Le) oversees operations as president and CEO. In recent years, Strategy Inc has made Bitcoin a core treasury asset, funding its purchases through the issuance of bonds, preferred stock, and common equity. Through its anticipated inclusion in the Nasdaq-100 index between 2024 and 2025 and its corporate name change, the company has emphasized its dual identity as both a “Bitcoin treasury” and a software provider. Against this backdrop, additional share purchases by insiders suggest strong confidence in Strategy Inc’s business model and asset strategy despite Bitcoin’s volatility, drawing attention from the market.
Looking ahead to late 2025 and early 2026, Strategy Inc continues to capture investor interest with a series of disclosures, dividend adjustments, and further Bitcoin acquisitions. On December 31, 2025, the company raised the annual dividend rate on its variable-rate Series A Perpetual Stretch Preferred Stock from 10.75% to 11.0%. Then, on January 2, 2026, it declared a January-end monthly dividend of $0.916666667 per share, underscoring the appeal of its high-yield preferred shares. According to an 8-K filing on January 12, Strategy Inc acquired an additional 13,627 BTC between January 5 and 11, bringing its total holdings to 91,519 BTC. Those assets are recorded on the balance sheet at a cumulative cost of approximately $68.74 billion (about KRW 9.9 trillion). On the equity front, shares have traded around $150 in early January, reflecting both the preferred dividend reset and Bitcoin’s price movements. Market observers are now watching to see how the roughly $700,000 director stock purchase and the CEO’s preferred-stock acquisition will influence Strategy Inc’s share price and investor sentiment going forward.