MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
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.
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
When is the next earnings date?
Has MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock ever had a stock split?
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Profile
| Transportation Infrastructure Industry | Industrials Sector | Benjamin G. Wolff CEO | NASDAQ (NMS) Exchange | 594972408 CUSIP |
| US Country | 71 Employees | 15 Dec 2025 Last Dividend | 6 Jul 2023 Last Split | 27 Sep 2021 IPO Date |
Overview
Palladyne AI Corp., initially known as Sarcos Technology and Robotics Corporation before its name change in March 2024, is an innovative software company established in 2017. Primarily based in Salt Lake City, Utah, the company specializes in advancing the capabilities of stationary and mobile robotic systems through its state-of-the-art Artificial Intelligence (AI) and Machine Learning (ML) software platforms. By focusing on enhancing the utility and functionality of third-party robotic systems within the United States, Palladyne AI Corp. caters to a diverse range of industries including industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace, and aviation. The core of the company's offerings lies in enabling robotic systems to comprehend their surroundings, learn from experiences, and adapt to changing conditions with minimal direct programming and training, thereby revolutionizing the way these systems operate in various environments.
Products and Services
- AI/ML Software Platform:
This platform stands at the forefront of Palladyne AI Corp.'s offerings, designed to imbue robots with the ability to observe, learn from, and interact with both structured and unstructured environments. Its unique proposition is the facilitation of real-time, dynamic operations that allow robotic systems to adapt swiftly to new challenges without the need for extensive programming. By generalizing experiences, these robots can perform functions across a wide spectrum of industries with enhanced efficiency and minimal human intervention.
Contact Information
