Perpetual Stretch Preferred Stock

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X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-07-21 22:10
Strategy's latest financial engineering tactic 💡A $500M IPO for Perpetual Stretch Preferred Stock ($STRC) which will pay monthly dividendsThe funds raised will (presumably) be used for more BTC purchases...Marco ₿attistoni (@Battistoshi93):.@BusinessWire with the news. $MSTR will propose to the market another Perpetual Stretch Preferred Stock $STRC w/$500M IPO (5M shares at 100$ each) presumably (lol) to buy more $BTC.Do we have any official confirmation on that?Link 1st comment: https://t.co/KfFOGMoK2H ...