by: xpoolPosted on:

Strategy Launches New Preferred Stock STRD via IPO

Strategy has launched a new type of preferred stock, STRD, aimed at private investors through an Initial Public Offering (IPO). This marks the third preferred stock offering by Strategy this year, expanding their financing tools for further Bitcoin acquisitions. STRD offers 10% perpetual dividends and a 6x Bitcoin backing. 2.5 million shares will be sold to selected investors via the IPO.

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  3. Michael Saylor’s Strategy Raises $250 Million for Further Bitcoin Investments
  4. Strategy Announces Series A Preferred Share Issuance Plan