Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions

Strategy chief Michael Saylor pushed a social media message of "working better" in his Sunday morning tease of a pending announcement of a Bitcoin purchase just days ahead of a…

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.