The post Bitcoin-Backed Stock $STRD Debuts on Nasdaq Today – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Main event, leadership changes, market impact, financial shifts, or expert insights. Bitcoin-backed $STRD stock now on Nasdaq. Potential increased interest in Bitcoin-linked investments. Michael Saylor announced that Strategy has launched its third Bitcoin-backed preferred stock, $STRD, which began trading on Nasdaq on June 11, 2025. The $STRD stock allows investors to gain fixed income secured by Bitcoin, offering a stable option in volatile markets. Strategy’s $979.7 Million Bitcoin Stock Launch on Nasdaq Strategy, led by Executive Chairman Michael Saylor, has launched its third Bitcoin-backed preferred stock, $STRD, on Nasdaq. Announced on June 11, 2025, the company initially priced 11.76 million shares at $85 each, aiming to raise around $979.7 million. Investors now have access to fixed-income securities secured by Strategy’s extensive Bitcoin reserve, which is nearing 600,000 BTC. This step demonstrates Strategy’s commitment to integrating traditional finance with digital assets. The launch represents Strategy’s continued evolution from a business software provider to a Bitcoin-centric asset management firm. Proceeds from the share issuance are slated for further Bitcoin acquisitions and operational support. This effort underscores the company’s dedication to bolstering its position in the crypto market, leveraging its substantial Bitcoin reserves. “Strategy’s Bitcoin-backed STRD begins trading on Nasdaq today, providing investors with fixed income secured by Bitcoin. This is our third Bitcoin-secured stock for those seeking stability in a volatile market.” — Michael Saylor, Executive Chairman, Strategy Market reactions have been overwhelmingly positive, with Strategy’s main stock, MSTR, rising 26% in 2025. This has led to heightened interest in Bitcoin-related equities, with institutional investors closely watching the ongoing developments. Bitcoin’s Dominance Fuels Strategy’s Financial Innovation Did you know? Strategy’s Bitcoin-backed stock launch on Nasdaq marks a significant milestone, further bridging the gap between digital and traditional finance. This move symbolizes a growing trend of integrating crypto-backed financial instruments into…

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Filed under: News - @ June 11, 2025 10:24 pm