It’s Strategy’s new preferred stock designed to compete with traditional money market funds. It was issued recently at $90 and is designed to trade near $100 perpetually while paying a 9% annual dividend that has monthly distributions. Traditional money market funds are closer to 4% since they’re backed by debt rather than bitcoin. For an in depth analysis of the risks I’d ask an AI model.

You could also do the same strategy using a traditional money market fund such as Schwab’s SWVXX that why they’re at least earning 4% on the principal while they DCA the next couple years