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Strategy Dangles Carrot with STRD Preferred Shares—Yield Chasers Line Up
Strategy Dangles Carrot with STRD Preferred Shares—Yield Chasers Line Up
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Another day, another high-yield product for the yield-starved masses. Strategy just rolled out its STRD Preferred Shares—because apparently the capital stack wasn’t complicated enough.
Wall Street’s playbook gets a crypto makeover: These preferred shares promise juicy returns (exact numbers suspiciously absent from the press release, naturally). Perfect for institutions who want yield without the hassle of, you know, actual risk assessment.
Will this end well? History suggests otherwise—but hey, at least the blockchain part makes it feel innovative while recycling the same old financial engineering tricks.
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