VanEck's ETF PFXF Buys 1.27 Million STRK, Valued at $127 Million

Odaily News: VanEck, with assets under management of $199 billion, disclosed that its Preferred Securities ex Financials ETF (PFXF) purchased 1.27 million shares of Strategy's perpetual preferred stock Stretch STRK, valued at $127 million, accounting for 6% of its digital credit net assets. (BitcoinTreasuries.NET)