MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)
NASDAQ (NMS) NASDAQ (NMS) Primary 
STRC: A Variable Rate Preferred Stock IPO From MicroStrategy
STRC is a newly listed preferred stock by MicroStrategy Incorporated, offering a variable rate cumulative dividend with monthly distributions and an initial 9% yield. The company aims to keep STRC trading near $100 per share by adjusting dividends and using other market interventions at its discretion. STRC's structure allows for both upward and limited downward dividend adjustments, but MicroStrategy may change or abandon these intentions in the future.
Strategy's 4th Preferred Stock: STRC Is Here To Attack Money Market Funds
Strategy's capital structure is a masterclass in financial engineering, creating a Bitcoin-backed yield curve to attract diverse investor capital efficiently. The new STRC preferred stock is designed as a low-duration, high-yield instrument to directly compete with money market funds, offering superior yield and stability. STRC's price stabilization mechanisms ensure principal preservation and yield competitiveness, drawing capital away from traditional cash equivalents and fueling further Bitcoin accumulation.
