🚀 Strategy CEO Acquires Stretch Perpetual Preferred Shares
#Strategy #CEO #Stretch #PerpetualPreferredShares #StockPurchase
According to Odaily, Strategy CEO Phong Le has purchased 12 shares of Stretch (STRC) perpetual preferred stock at a price of $99.99 per share, totaling an expenditure of $1,200.#Strategy #CEO #Stretch #PerpetualPreferredShares #StockPurchase
🚀 Strive's Preferred Stock Reaches Par Value, Enabling Bitcoin Purchases
#Strive #PreferredStock #Bitcoin #SATA #Treasury #Dividend #Investment #BTC #ParValue #ATMOffering #Strategy #Stretch #STRC #Crypto
According to PANews, Strive, a Bitcoin treasury company, saw its perpetual preferred stock (SATA) reach a par value of $100 per share last Friday. This milestone allows the company to sell more shares to raise funds for further Bitcoin acquisitions. The stock offers a 12% dividend rate, with an actual yield of 12.2%. Strive currently holds 12,797 Bitcoins on its balance sheet, and its common stock is priced at $0.94 per share.
SATA's structure is similar to another Bitcoin reserve company, Strategy, which offers a product called Stretch (STRC). When trading above par value, the company can raise cash through an at-the-market (ATM) offering to increase its Bitcoin holdings. Earlier this month, STRC reached its par value, with last week's trading volume hitting $755 million, of which $582 million occurred above par value, marking the highest single-week volume to date.#Strive #PreferredStock #Bitcoin #SATA #Treasury #Dividend #Investment #BTC #ParValue #ATMOffering #Strategy #Stretch #STRC #Crypto
🚀 Strategy's Stretch Preferred Stock Becomes Major Holding in BlackRock ETF
#Strategy #Stretch #PreferredStock #BlackRock #ETF #iShares #PreferredAndIncomeSecurities #PPFETF #Odaily #Strife #MSTR #Stride #Investment
Strategy's perpetual preferred stock, Stretch (STRC), has emerged as the fourth largest holding in BlackRock's iShares Preferred and Income Securities ETF (PPF ETF), with an allocation of $210 million. According to Odaily, the ETF also includes several other Strategy preferred stocks, totaling approximately $380 million in value.
Among these holdings are Strife (STRF), with an allocation of $97.5 million and a weight of 0.69%, MSTR common stock, allocated $90 million with a weight of 0.64%, and Stride (STRD), with an allocation of $73 million and a weight of 0.51%. The inclusion of these stocks highlights Strategy's significant presence in the ETF's portfolio.#Strategy #Stretch #PreferredStock #BlackRock #ETF #iShares #PreferredAndIncomeSecurities #PPFETF #Odaily #Strife #MSTR #Stride #Investment
🚀 Crypto Firms Invest in Strategy's Perpetual Preferred Stock
#CryptoFirms #AnchorageDigital #PrevalonEnergy #OranjeBTC #PerpetualPreferredStock #Strategy #Stretch #STRC #VariableDividend #StableIncome #AlternativeFinancialInstruments
Anchorage Digital, Prevalon Energy, and OranjeBTC have collectively invested in the perpetual preferred stock of Strategy, known as Stretch (STRC). According to NS3.AI, this stock provides a variable annual dividend rate of 11.25% and includes mechanisms to maintain its share price near $100 through monthly rate adjustments. This investment underscores the interest of crypto-focused companies in alternative financial instruments that offer stable income.#CryptoFirms #AnchorageDigital #PrevalonEnergy #OranjeBTC #PerpetualPreferredStock #Strategy #Stretch #STRC #VariableDividend #StableIncome #AlternativeFinancialInstruments
🚀 Michael Saylor Highlights Digital Credit as Key Opportunity at Summit
#MichaelSaylor #DigitalCredit #Crypto #Bitcoin #MicroStrategy #DigitalAssetsSummit #STRC #Stretch #Investment #InstitutionalInvesting #CryptoAssets #ETFs #FixedIncome #HighYield #Volatility #SharpeRatio #BTC
Michael Saylor has transformed Strategy, formerly known as MicroStrategy, into the world's largest corporate Bitcoin holder over the past six years, accumulating over 762,000 BTC. According to BlockBeats, this shift has positioned the company as a significant player in the cryptocurrency space.
At the Digital Assets Summit held in New York, Saylor discussed the concept of 'digital credit,' which he sees as a core opportunity. He introduced STRC, nicknamed 'Stretch,' a preferred stock product that Strategy views as a unique tool in the crypto sector. This asset is characterized by low volatility and high yield, designed to be part of a fixed-income investment portfolio. Saylor noted that the product offers an 11.5% yield, with volatility around 2% and a Sharpe ratio close to 4. The nominal size of the product is $5 billion, with an average daily liquidity of $224 million, indicating its institutional-grade trading scale.
Saylor emphasized, "Digital credit is the most attractive credit instrument in the world. If you can create a product with a Sharpe ratio of 4, it should be in every portfolio."
Meanwhile, institutional funds are gradually flowing back into Bitcoin through regulated channels, with U.S. spot ETFs experiencing the longest net inflow cycle this year. However, the proportion of crypto assets in U.S. managed wealth remains below 0.5%. Saylor is working to bridge this gap, offering investors seeking returns a new investment narrative with a tool that uses Bitcoin as collateral, exhibits bond-like volatility, and delivers double-digit returns.#MichaelSaylor #DigitalCredit #Crypto #Bitcoin #MicroStrategy #DigitalAssetsSummit #STRC #Stretch #Investment #InstitutionalInvesting #CryptoAssets #ETFs #FixedIncome #HighYield #Volatility #SharpeRatio #BTC
🚀 Stablecoin-Like Tokens Backed by Strategy's Shares Surpass $100 Million
#stablecoin #tokens #Strategy #Stretch #preferredshares #MichaelSaylor #borrowtobuy #Bitcoin #leverage #NS3AI #BTC
Since January, at least three issuers have introduced stablecoin-like tokens primarily backed by Strategy's Stretch perpetual preferred shares, collectively managing over $100 million. According to NS3.AI, these products expand Michael Saylor's borrow-to-buy-Bitcoin strategy into an additional layer of leverage, which remains vulnerable if Bitcoin's value declines.#stablecoin #tokens #Strategy #Stretch #preferredshares #MichaelSaylor #borrowtobuy #Bitcoin #leverage #NS3AI #BTC