Strategy’s STRK Preferred Stock Outperforms BTC and S&P 500 Since Issuance

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MarsBit
05-20
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Mars Finance News: STRK, a perpetual convertible preferred stock issued by Strategy (formerly MicroStrategy), has risen 16% since its issuance on February 10, 2025, outperforming Bitcoin's 10% increase and the S&P 500 index's 2% decline. Through its weekly At-The-Market (ATM) issuance plan, the company recently raised $59.7 million, marking the highest weekly record since the plan's launch, with funds used to further acquire Bitcoin. Currently, Strategy holds a total of 576,230 Bitcoins, with an annualized return of 16.3%. STRK's current effective yield is 8.1% and has low correlation with Strategy's common stock (MSTR), providing investors with a differentiated market exposure. (CoinDesk)

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