Michael Saylor: STRD Preferred Stock Begins Trading on Nasdaq Today

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According to Foresight News, Michael Saylor, Executive Chairman of Strategy, posted on X platform that STRD began trading on Nasdaq today, which is the company's third Bitcoin-backed preferred stock. At the beginning of this month, Strategy announced plans to publicly issue 2.5 million shares of 10.00% Series A perpetual preferred stock (ticker: STRD), with the raised funds to be used for general corporate purposes, including Bitcoin acquisition and working capital.

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