According to ChainCatcher, the perpetual convertible preferred stock STRK launched by Strategy has risen 16% since its issuance on February 10, 2025, outperforming Bitcoin, which has increased by 10% during the same period, and the S&P 500 index, which has decreased by 2%.
The company has raised $59.7 million in its latest round through a weekly on-market issuance plan, setting a record for the highest amount raised in a single week, with the funds used to increase its Bitcoin holdings. Currently, Strategy holds a total of 576,230 Bitcoins, with an annualized yield of 16.3%. The current effective yield of STRK is 8.1%, with a low correlation to Strategy's common stock, providing investors with differentiated market exposure.
