STRK Soars, Leaving Bitcoin and the S&P 500 in the Dust – No One Saw This Coming!

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Here’s the Scoop:

  • STRK’s latest fundraising blitz pulled in a record-smashing $59.7 million in just one week. Guess where that’s headed? Yep, more Bitcoin! 💸
  • The company’s Bitcoin stash now weighs in at a whopping 576,230 BTC – that’s a 16.3% yield. Talk about a crypto party! 🎉
  • STRK isn’t just a pretty face. It’s up 16% since its debut, leaving Bitcoin and the S&P 500 looking pretty sad in comparison. 💔
  • And guess what? STRK is low-key dodging the MSTR stock rollercoaster, offering sweet, diversified exposure. 🏄‍♂️

Hold on to your hats, folks! Strategy’s (MSTR) perpetual preferred stock, STRK, just raked in its biggest haul yet – $59.7 million, according to DogCandles on X. It’s all part of the ongoing Bitcoin-buying extravaganza. This particular bounty was a result of a single weekly at-the-market (ATM) issuance, which means they’re seriously loading up on BTC.

Do the math: that’s about 621,555 STRK shares hitting the market. And, in case you’re wondering, Strategy still has a juicy $20.79 billion left in its STRK ATM facility. Talk about deep pockets. 🤑

Executive Chairman Michael Saylor and his team are all-in on Bitcoin, even with the crypto market hanging around $100,000. They’re eyeing that record high of $109,000 like hawks. The latest purchase pushed their Bitcoin holdings to 576,230 BTC. Some serious Bitcoin hoarding here. 💎

This 16.3% BTC yield is the secret sauce that measures how much Bitcoin per share the company’s sitting on. So, when they say “growth,” they mean it. 💼📈

Let’s break it down: the STRK issuance makes up about 9% of all proceeds from the ATM program, which has now pulled in $705.7 million. This shows STRK’s growing role in Strategy’s Bitcoin quest.

STRK isn’t just a crypto play – it offers a fixed 8% annual dividend based on a $100 per share liquidation preference. That means $8.00 per share in cold, hard cash. And if you’re wondering about the yield, it comes in at 8.1%. But here’s the kicker: as STRK’s price rises, the yield drops, and when it falls, the yield climbs. It’s like a reverse relationship. 😜

Since launching on February 10, STRK has shot up by 16%, leaving Bitcoin (up 10%) and the S&P 500 (down 2%) in the rearview mirror. Yeah, you read that right. STRK is beating the markets at their own game.

And the best part? STRK is practically the lone wolf of preferred stock. With only a 44% correlation to MSTR common stock, it offers something totally different for those tired of the same old stock market grind. But don’t worry, it still vibes with Bitcoin (71%) and the SPY ETF (72%). It’s the hybrid of the year! 🚀

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2025-05-20 15:33