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BTC $62,647.65 -1.74%
ETH $1,678.61 -0.80%
BNB $597.79 -0.71%
XRP $1.14 -0.23%
SOL $66.22 -1.19%
TRX $0.3230 -1.09%
DOGE $0.0858 -0.98%
ADA $0.1690 +0.97%
BCH $206.30 -0.71%
LINK $7.93 -0.88%
HYPE $62.13 -0.97%
AAVE $62.52 -2.99%
SUI $0.7578 -0.93%
XLM $0.1994 -2.15%
ZEC $470.48 +9.99%

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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