BlackRock's PFF ETF Holds $380 Million Worth of Strategy Preferred Shares

Odaily News: Stretch (STRC), the perpetual preferred stock of Bitcoin treasury company Strategy, has become the fourth largest holding in BlackRock's iShares Preferred and Income Securities ETF (PFF ETF), with an allocation of $210 million. The ETF also holds several other Strategy preferred stocks, with a total value of approximately $380 million, including:

1. Strife (STRF), allocated $97.5 million, weighting 0.69%;

2. MSTR common stock, allocated $90 million, weighting 0.64%;

3. Stride (STRD), allocated $73 million, weighting 0.51%. (CoinDesk)