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BTC $61,406.63 +2.09%
ETH $1,706.93 +5.54%
BNB $560.19 +1.91%
XRP $1.08 +3.01%
SOL $81.18 +3.84%
TRX $0.3168 +0.23%
DOGE $0.0746 +3.17%
ADA $0.1671 +8.38%
BCH $223.35 +3.82%
LINK $7.76 +4.95%
HYPE $66.75 +6.19%
AAVE $86.11 +1.83%
SUI $0.7375 +2.26%
XLM $0.1981 +0.36%
ZEC $433.42 +4.06%

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

2025-05-20 22:04:12
Collection

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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