
Strategy Unveils $STRF: New Preferred Stock Targets Bitcoin Growth
Strategy launches $STRF preferred stock with 10% yield to fund Bitcoin buys. Can this bold move steady its crypto bet in a shaky market?
Strategy launches $STRF preferred stock with 10% yield to fund Bitcoin buys. Can this bold move steady its crypto bet in a shaky market?
Michael Saylor, Strategy chairman, declared Bitcoin the only neutral asset for a U.S. crypto reserve on March 5, 2025, calling XRP a digital token. As Trump pushes a multi-coin reserve, Saylor’s Bitcoin focus—backed by Strategy’s $42.6 billion BTC stash—faces debate ahead of the White House Crypto Summit.
Strategy announced the purchase of 20,356 BTC for approximately $1.99 billion, at an average price of $97,514 per coin.