Strategy’s STRK preferred shares have outperformed BTC and the S&P 500 since issuance

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