Tag:

STRD

Strategy’s Bitcoin STRD Launches on Nasdaq
GameFi Guides

Strategy’s Bitcoin STRD Launches on Nasdaq

by admin


Michael Saylor, a co-founder, the former CEO, and currently the executive chairman of the largest Bitcoin treasury company, Strategy, has issued a tweet to spread the word about Strategy’s STRD rolling out to trade on Nasdaq today.

He reminded the community that this is the third Bitcoin-backed preferred stock in Strategy’s series “designed for fixed income, secured by BTC.”

$STRD begins trading on Nasdaq today. It’s the third in our series of Bitcoin-backed preferred stocks—designed for fixed income, secured by BTC, and issued by @Strategy.

— Michael Saylor (@saylor) June 11, 2025

Over the past four years, Strategy (formerly known as MicroStrategy) managed to evolve into a $100 billion entity thanks to its regular and aggressive Bitcoin purchases. In 2025 so far, MSTR price has surged 26%, outperforming many tech giants, such as Tesla, Microsoft, Meta, and Amazon, and outperforming Bitcoin itself as well.

You Might Also Like

A week ago, Saylor announced that the company upsized the STRD offering from $250 million to almost $1 billion to use the proceeds from this deal to increase its Bitcoin holdings.

On Monday of this week, the company purchased another $110 million worth of Bitcoin, bringing its total holdings to 582,000 BTC, which have accumulated to nearly $41 billion. The company’s Bitcoin stash is not steadily approaching the 600,000 BTC milestone.

Max Keiser calls Strategy ‘Iron Bank’

Bitcoin OG and advisor to El Salvador’s president, Max Keiser, has commented on Saylor’s announcement. He stated that Michael Saylor is about to become “the IRON BANK of the new Game of Thrones the world finds itself in,” proposing that Saylor should be now called “Iron Mike.”
In an earlier tweet, Keiser stated that, if according to Saylor, inflation is running at 15%, interest rates are going to be raised from their current levels. He believes that current highly manipulative programs, such as QE and YCC, are pressuring rates “to absurdly low levels to keep banks from declaring life threatening losses.”

The global bond market won’t survive $MSTR

Mike’s about to become the IRON BANK of the new Game of Thrones the world finds itself in.

Call him, ‘Iron Mike’ https://t.co/egMcB8PmAp

— Max Keiser (@maxkeiser) June 11, 2025

Therefore, Keiser continues, buying Bitcoin with “this ridiculously cheap money” (US dollars) “is a mathematically guaranteed way to outperform everything.” He is positive that Strategy is definitely going to win “this century-defining adjustment to a global Bitcoin standard.”





Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Strategy Boosts STRD Preferred Stock Offering to $1 Billion to Buy Up Bitcoin

by admin



In brief

  • Strategy upsized its offering of STRD to $1 billion from $250 million.
  • The preferred stock pays a 10% quarterly dividend.
  • Strategy’s Michael Saylor described it as the fourth gear in the BTC treasury company’s “Bitcoin engine.”

Strategy, formerly MicroStrategy, has increased its offering of perpetual Stride preferred stock, or STRD, to $1 billion from $250 million alongside the product’s pricing, according to a company blog post published on Friday.

Strategy said the product, which will pay investors a 10% non-cumulative dividend, will be offered to the public at $85 per share. In terms of the offering’s proceeds, Strategy will walk away with $979 million to add to its Bitcoin stockpile, the company added.

STRD represents the third form of preferred stock established by Strategy so far this year, accompanying the company’s STRF and STRK products. Each offering has unique features and benefits, between redemption features and the ability for dividends to accrue. Strategy originally planned to offer STRD to investors at $100 per share. 



STRD, unlike Strategy’s STRF offering, which also pays an 10% quarterly dividend, does not allow for the accrual of missed dividend payments. And unlike Strategy’s STRK offering, STRD does not allow an investor to convert the preferred stock into common shares at a later date. STRD is non-callable for life, meaning the preferred stock has no associated maturity date.

“It’s our high-yield credit instrument,” Strategy co-founder and Executive Chairman Michael Saylor said in a video that he shared to X this week. “Compared to STRK or STRF, it should be a higher-yielding preferred instrument.”

During a presentation, Saylor shared a graphic stating that STRD, which is listed on the Nasdaq, has “limited” sensitivity to Bitcoin’s price. In terms of seniority, STRD investors rank behind STRF and STRK’s holders, yet they come before common shareholders.

“STRD represents the fourth gear in our Bitcoin engine,” he added. “The point of our engine is to generate BTC torque via surgical management of our [at-the-money offering programs].”

The firm currently holds 580,995 Bitcoin, or $60.9 billion worth as of this writing. Bitcoin is currently priced at $104,638, basically flat over the past 24 hours and rebounding from a brief dip below the $101,000 mark Thursday afternoon.

Strategy’s stock price rose as high as $377.80 during pre-market trading on Friday but began sliding after the opening bell, according to Yahoo Finance. Now they’re up even higher, trading hands around $378.26, a 2.6% increase.

Edited by James Rubin

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Francisco Rodrigues
Crypto Trends

Strategy to Raise Nearly $1B With STRD Preferred Stock Offering to Accumulate BTC

by admin



Strategy (MSTR), the largest corporate holder of bitcoin

, has priced the new preferred stock offering designed to give long-term investors a fixed 10% annual return with no management fees.

The firm will sell 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD), expecting to bring in an estimated $979.7 million after fees and expenses, according to a press release.

The shares, which sit below Strategy’s other preferred offerings STRF and STRK, are set to settle on June 10. Unlike STRF, which has senior status and lower volatility, and STRK, which is convertible and pays 8%, STRD offers the highest yield among Strategy’s capital products while being riskier.

It comes with a non-cumulative dividend, meaning missed payments won’t accrue, and dividends will only be paid when declared by the board.

STRD is designed to appeal to investors seeking high-yield options. The shares are non-callable under normal conditions, with redemption clauses kicking in only under certain tax events or structural shifts in the company, the release reads.

Strategy says the proceeds of the offering are going to be used for general corporate purposes, which include the acquisition of additional bitcoin.

The firm’s shares are up 1.7% in pre-market trading at $375.

Read more: Strategy Expands Capital Stack With Launch of High-Yield STRD Preferred Shares



Source link

0 comments
0 FacebookTwitterPinterestEmail
Strategy to Boost Bitcoin (BTC) Acquisitions with $250M STRD Stock
GameFi Guides

Strategy to Boost Bitcoin (BTC) Acquisitions with $250M STRD Stock

by admin


Strategy, the company holding the most Bitcoin (BTC), plans to issue shares called STRD, offering 2.5 million shares of this stock.

The company is raising funds to purchase more BTC and support its operations. By doing this, Strategy is showing it believes BTC is a reliable investment.

The STRD stock stands out for offering dividends to its investors. Even though dividends may be available, only Strategy’s board has the authority to decide whether they are paid.

You Might Also Like

If approved, dividends will be paid four times a year, starting September 30, 2025. The dividend rate is 10% of the stock’s value, paid only in cash. If Strategy skips a dividend, it does not owe anything later.

Each STRD share starts with a value of $100, known as the liquidation preference. This value can change based on the market price and trading volume.

If a large number of Strategy shares are sold, the price could increase to match the highest trade. Therefore, the stock’s price can fluctuate easily.

Creating view investment opportunities

Strategy can choose to buy back all STRD shares if certain conditions are met, such as if only a small number of shares remain or if specific tax issues arise.

If a major event like a company takeover occurs, STRD shareholders can request Strategy to repurchase their shares at the set value plus any unpaid dividends. The money raised from this stock sale will primarily be used to purchase more Bitcoin.

Strategy already holds a significant amount of Bitcoin and views it as a core part of its future strategy. Major financial institutions like Barclays and Morgan Stanley are assisting with the stock offering. Those interested in the stock can find details on the SEC’s website or contact these banks.

This offering is registered with the SEC, ensuring it complies with regulatory requirements. However, Strategy notes that market changes could affect the plan. The company’s focus on Bitcoin and its stock offering provides new investors with an opportunity to share in its long-term vision.

For many, this could be another attractive way to gain exposure to BTC. Strategy continues to make aggressive moves with its Bitcoin purchases.

Earlier today, the company announced the acquisition of another $75 million in BTC.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close