Strategy Doubles Down: Fourth Preferred Stock Offering Targets Aggressive Bitcoin Accumulation
Wall Street meets crypto again—another preferred stock play fuels Bitcoin bets.
Institutional investors just got a new vehicle to front-run retail.
Preferred shares: The latest backdoor into crypto exposure.
Because why buy BTC directly when you can overcomplicate it with Wall Street alchemy?
Monthly dividends at 9% launch rate
Each STRC share carries a stated value of $100 and will accrue cumulative monthly dividends, payable in arrears on the final day of each month. Strategy’s board has set an initial dividend rate of 9% per annum, though the rate may vary over time, according to company filings.
This latest preferred issuance follows three previous series: STRK, STRF, and STRD—each of which trades on the Nasdaq Global Select Market alongside MSTR common stock.
READ MORE:Continued crypto commitment
The move underscores Strategy’s dedication to expanding its bitcoin position using a range of capital market tools. With over 607,000 BTC already on its balance sheet, the firm remains the largest public holder of Bitcoin, with a strategy that blends common equity, debt instruments, and now, increasingly diversified preferred stock offerings.