Strategy Preferred Stock Performance Varies: A Look at 2025 Returns

In the U.S., Strategy (MSTR) has raised a substantial amount of capital this year through preferred stock offerings, including STRK, STRF, STRD, and STRC. These offerings have accounted for 12% of all IPOs in the US, whether preferred or common. However, the performance of these stocks has shown considerable variance. STRF leads with a notable 31% return, followed by STRK at 19%, and STRC at 8%. Notably, STRD has declined by 6%, highlighting an outlier in this positive performance trend. Despite MSTR’s stock price gaining 13% year-to-date, it lags behind Bitcoin’s impressive 18% growth this year.