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XRP $1.40 +0.34%
SOL $84.16 +0.07%
TRX $0.3375 +1.49%
DOGE $0.1083 -0.51%
ADA $0.2510 +0.31%
BCH $445.56 -0.36%
LINK $9.16 +0.11%
HYPE $40.97 -1.52%
AAVE $92.80 -0.31%
SUI $0.9240 -0.19%
XLM $0.1588 -0.98%
ZEC $399.10 +6.60%

Since its issuance, Strategy's STRK preferred stock has outperformed Bitcoin and the S&P 500

2025-05-20 22:04:12
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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.

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