In brief
Strategy upsized its offering of STRD to $1 billion from $250 million.
The preferred stock pays a 10% quarterly dividend.
Strategy’s Michael Saylor described it as the fourth gear in the…
Strategy (MSTR), the largest corporate holder of bitcoin , has priced the new preferred stock offering designed to give long-term investors a fixed 10% annual return with no management fees.The…
Strategy (MSTR) has launched its third perpetual preferred instrument, the Series A Stride Preferred Stock (STRD), as it continues building out a structured yield curve for its capital stack. With…
Key Points:Strategy issues 2.5 million preferred shares, affecting Bitcoin holdings.Insider participation boosts organizational confidence.No impact observed on Ethereum or other altcoins.
ChainCatcher news reports that Strategy announced the issuance of 2.5…
Strategy has launched a $2.1 billion At-The-Market (ATM) equity program for its Strife (STRF) preferred stock, marking another step in the firm’s long-term strategy to build a Bitcoin-backed financial architecture.The…
In brief
Strategy said it plans to offer $2.1 billion of its Perpetual Strife Preferred Stock (STRF).
Unlike the company's previous offering, preferred shares will be sold at their market price.
Strategy co-founder…
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co.,…