Strategy Launches New Preferred Stock Offering: High Returns with Increased Risk

Investment platform Strategy is launching a new preferred stock offering, STRD, designed to attract investors seeking high returns but also acknowledging increased risk. The company aims to raise approximately $979.7 million through the sale of 11.76 million units of 10% Series A Continuous Stride Preferred Shares after accounting for broker and other fees. The shares will be available starting June 10th. STRD offers a fixed annual yield of 10%, with no management fees, positioning it as an attractive option for certain market segments.