Meet $STRD - Strategy's newest fiat extraction vehicle to continue accumulating Bitcoin.
10 % yield + a rising floor? "Say more" as Tad Smith would ask.
STRD complements their existing preferred stocks (STRK, STRF), diversifying their capital-raising tools while reinforcing their position as the largest corporate Bitcoin holder.
Investors can choose STRD for Bitcoin upside or STRK/STRF for steady dividends, depending on their goals.
Key points:
• 10 % annual coupon – paid only when the board feels like it (non‑cumulative).
• Ratchet clause: the $100 face value resets each day to the highest of $100, yesterday’s close, or the 10‑day average. Floor moves up, never down.
• Of course, the proceeds go to buy more bitcoin and run the business.
• Company may call all shares once <25 % remain outstanding.
How does $STRD compare with $STRF or $STRK? See table below.
It's getting hard to keep up with all the BTC treasuruy companies and Strategy's continued innovations!
What a time to be an investor.
#gn #news #grownostr #plebchain #MSTR #STRD #STRF #STRK nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz
https://www.strategy.com/press/strategy-announces-proposed-strd-stock-offering_06-02-2025
