Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).
Strategy (MSTR), the U.S. company that’s made buying bitcoin (BTC) a key corporate policy, recently expanded its financial toolkit with the introduction of a second Series A perpetual preferred stock, adding to its growing line of capital market instruments.
The company is selling 8.5 million shares of the new offering, called Strife (STRF), at $85 each, giving it a net $711.2 million for bitcoin purchases. That’s up from an initial target of $500 million. The sale ends later Tuesday. Strategy’s earlier preferred issuance, Strike (STRK), initially raised $563 million.
A perpetual preferred stock sits between debt and common equity in the capital structure, typically offering dividends and greater price stability. That makes it appealing to investors seeking lower volatility and more predictable returns. Unlike owners of common stock, holders do not get voting rights.
STRF pays a 10% annual dividend on a $100
We współpracy z: https://www.coindesk.com/markets/2025/03/25/strf-or-strk-comparing-strategy-s-preferred-stock-offerings
