Since its issuance, Strategy's STRK preferred stock has outperformed BTC and the S&P 500

Since its issuance on February 10, 2025, the perpetual convertible preferred stock STRK, launched by Strategy (formerly MicroStrategy), has risen by 16%, outperforming Bitcoin, which increased by 10% during the same period, and the S&P 500 index, which fell by 2%. The company raised $59.7 million in the latest round through its at-the-market (ATM) program, marking the highest single-week record since the program's inception, with the proceeds used to further increase its Bitcoin holdings. Currently, Strategy holds a total of 576,230 Bitcoins, with an annualized return of 16.3%. The current effective yield of STRK is 8.1%, and it has a low correlation with Strategy's common stock (MSTR), providing investors with differentiated market exposure. (CoinDesk)