⚡ Strategy has introduced a new perpetual contract called "Stride" (STRD), which some describe as genius, while others call it "Ponzi-like." ⚡
& On June 3, 2025, Strategy launched a new perpetual contract named Stride (STRD).
& This stock will allow investors to earn a 10% return on Bitcoin without buying it directly, while Strategy will gain cash liquidity to purchase more Bitcoin.
★ The new stock has received mixed reactions from the cryptocurrency community.
⚡What is Stride?⚡
— After issuing Stride and Strike stocks, Strategy released a new issue of Class A preferred shares, which is Stride (STRD).
— Stride is a perpetual, non-redeemable, non-cumulative stock with a 10% return.
— Its fixed dividend distribution of 10% is higher than Strike's 8%, but it has less priority compared to Strive, which also offers a 10% distribution.
— Stride is an important addition to what is called Strategy's "Triple Pump Bitcoin Engine," which is designed from regular MSTR shares and two other preferred shares, Strike (STRK) and Strife (STRF).
— This engine was supposed to ensure maximizing Strategy's profits by exploiting the scarcity and volatility of Bitcoin.
★ It seems that Strategy has found a way to enhance this engine by completing it with a fourth element.
