Strategy’s Latest Stock Strife (STRF) To Go Live on Nasdaq Today
The post Strategy’s Latest Stock Strife (STRF) To Go Live on Nasdaq Today appeared on BitcoinEthereumNews.com.
Key Notes Strife, the perpetual preferred stock of Strategy, is live on Nasdaq. The stock, designed to fund massive Bitcoin purchases, has a different appeal from the firm’s traditional shares. Strategy remains the biggest corporate holder of Bitcoin, with plans to buy more . Michael Saylor, the founder and Chairman of Strategy, has announced the launch of the firm’s “Series A Perpetual Strife Preferred Stock (STRF)” on Nasdaq. With STRF now live on the Nasdaq stock exchange, many expect increased visibility and liquidity for the new stock. Our new preferred stock STRF (“Strife”) creates USD Yield for $STRF investors—and BTC Yield for $MSTR investors. It begins trading today on Nasdaq. — Michael Saylor⚡️ (@saylor) March 26, 2025 The positive trend surrounding Strife could also lift the market’s view on crypto-affiliates, possibly boosting the value of Strategy’s volatile common stock (MSTR). Offerings of Strategy’s STRF Stock The STRF stock is designed to raise capital for general corporate purposes, with a large amount kept for Bitcoin (BTC) acquisitions and operating capital. Strategy introduced the new stock to appeal to investors seeking lower volatility than MSTR. This new instrument differs from Strategy’s earlier offerings regarding conversion, like the STRK preferred shares. While STRK allows conversion into equity, Strife does not include conversion rights. Rather, the STRF stock’s dividends compound at an initial rate of 10% annually, strictly in cash, with no stock options or alternatives. However, the dividend rate increases by 1% annually, up to a ceiling of 18% if the company defers payment. Notably, the board can withhold dividends entirely, meaning investors’ returns are far from guaranteed. Strategy has offered to sell STRF shares at a liquidation price of $100 per share. Major financial institutions, including Morgan Stanley, Barclays, and Citigroup, are backing the new offering as underwriters. Fidelity Investment is also…
Filed under: News - @ March 27, 2025 12:16 am