Capital stack is a concept used in finance, particularly in the context of real estate and corporate finance, to represent the hierarchical structure of various sources of capital or funding that a ...

We analyze Strategy as a structurally leveraged Bitcoin vehicle, examining its NAV premium, regulatory positioning, and capital structure optionality driving both opportunity and risk. MSTR’s stock ...

MicroStrategy—now operating as Strategy —has built the most aggressive Bitcoin treasury in the world. But its true innovation isn’t just holding Bitcoin. It’s in how it finances the accumulation of ...

As a world of investment opportunities have opened up to institutional investors, limited partners have slunk away from the capital stack for commercial real estate deals. The passive investors, ...

Strategy (MSTR) engineered a multi-layer capital stack to accelerate Bitcoin accumulation—tailoring instruments to raise capital without compromise. MicroStrategy—now operating as Strategy™—has built ...