Since its issuance, Strategy's STRK preferred stock has outperformed Bitcoin and the S&P 500
ChainCatcher news, according to CoinDesk, the perpetual convertible preferred stock STRK launched by Strategy has increased by 16% since its issuance on February 10, 2025, outperforming Bitcoin, which rose by 10% during the same period, and the S&P 500 index, which fell by 2%.
The company raised $59.7 million in its latest round through a weekly at-the-market (ATM) issuance plan, setting a record for the highest weekly amount since the plan was initiated. The funds will be used to further increase its Bitcoin holdings.
Currently, Strategy holds a total of 576,230 Bitcoins, with an annualized yield of 16.3%. The current effective yield of STRK is 8.1%, and it has a low correlation with Strategy's common stock (MSTR), providing investors with differentiated market exposure.