Strategy has announced plans to raise up to $4.2 billion through sales of its 10.00% Series A Perpetual Stride Preferred Stock (STRD) to fund additional Bitcoin purchases, marking another major…
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR)Strategy's (MSTR) perpetual preferred shares may be anticipating the bitcoin-accumulation company's inclusion in the S&P 500 index after the…
Strategy (MSTR) has officially launched trading of its third "bitcoin-backed preferred stock", STRD, on the Nasdaq, with shares making their debut on Wednesday. The new security, formally named the 10%…
Michael Saylor, co-founder and Executive Chairman of Strategy (formerly MicroStrategy), announced that their new Bitcoin-backed preferred stock, STRD, has started trading on Nasdaq. In a post on X, Saylor said…
Michael Saylor, a co-founder, the former CEO, and currently the executive chairman of the largest Bitcoin treasury company Strategy, has issued a tweet to spread the word about Strategy’s STRD…
Michael Saylor’s Bitcoin treasury giant, Strategy, has published a press release to announce a change in estimated net proceeds from its recent STRD offering, expecting to raise almost 4x the…
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…