Strategy Backs Market Structure Bill Amidst Record Quarterly Loss
Strategy, formerly MicroStrategy, has reported an $8.22 billion quarterly loss after suffering an $8.32 billion write-down.
The company wasted little time shifting attention back to crypto policy, backing a market structure bill that would clarify digital asset regulations and potentially improve institutional participation.
The proposal would split jurisdiction between the SEC and CFTC, with securities-like tokens falling under the SEC's purview. This clearer regulatory environment could make institutional investors more comfortable participating in the market.
For Strategy, this matters because the company has relied heavily on raising capital this year, securing $17.06 billion through at-the-market equity programs and another $7.53 billion from STRC preferred issuance, a 254% increase.