Strategy's Strife (STRF) shares have begun trading on Nasdaq, offering USD or BTC yield to investors.
New STRF Shares and Their Features
This week, Strategy announced the start of trading for its Strife (STRF) shares on Nasdaq. STRF is a new preferred stock offering USD yield for STRF investors and BTC yield for MSTR investors. These shares function as a debt instrument with dividend payments.
Strategy’s Capital Raising Approach
Strategy recently boosted its BTC holdings, now owning over half a million coins. The new issuance of STRF included 500,000 shares in March. STRF shares have a $100 face value and offer dividends instead of yield, providing an opportunity for investors to receive fixed income.
Market Impact and Prospects
STRF shares offer an annualized yield of 11.6%, functioning like bonds. They are designed to attract investors seeking stable income. The sales of STRF could influence BTC prices as funds are redirected to coin purchases.
STRF by Strategy aims to attract capital for new BTC purchases while maintaining its position as the world's largest Bitcoin holder.