"We're currently at 16.3% BTC yield for the year, against a 25% target. BTC dollar gain is $7.7 billion so far, on track toward our $15 billion target."
"That's 60x what we typically see in comparable preferreds,"
"Our goal is for it to be seen as investment-grade fixed income - a high-quality instrument with robust protections."
"We’re going to be ten times as careful with Strife."
Strategy has initiated a $2.1 billion At-The-Market (ATM) equity program for its preferred stock, Strife (STRF), as part of its ongoing effort to develop a Bitcoin-backed financial structure. CEO Phong Lee cited the firm’s strong performance in Bitcoin-linked securities, such as Strike (STRK), as motivating factors for this decision. Both instruments have surged in value, outpacing industry trends. Growing liquidity, with substantial daily trading volumes, reinforces the company's confidence in this fundraising approach. Looking ahead, the objective is to establish Strife as a high-quality, investment-grade fixed income option.
Read at Bitcoin Magazine
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