TIL…
MicroStrategy, now operating under the brand name “Strategy,” has two ticker symbols—MSTR and STRK—representing different classes of its securities:
* MSTR: This ticker represents Strategy’s common stock, reflecting the company’s overall equity value.
* STRK: Introduced in February 2025, STRK denotes Strategy’s 8.00% Series A Perpetual Strike Preferred Stock. This preferred stock offers investors an 8% annual dividend and includes a conversion feature into common shares, though the conversion is currently out-of-the-money.
The introduction of the STRK ticker allows investors to choose between investing in Strategy’s common equity (MSTR) or its preferred shares (STRK), each carrying different risk and return profiles.