“New 10% Non-Cumulative Perpetual Preferred Sits Below Strf and Strk in Seniority, Offering Investors Long-Duration Yield Exposure with Zero Fees.”, – WRITE: www.coindesk.com
With a 10.00% Non-Cumulative Fixed Dividend and perpetual Duration, Strd Aims to Provide Long-TRM Offerings.
Unlike Strf, whoh’s offers a senior clam and is designed to be overcollateralized with lover volatility- Strategy’s Preferred Offers.
Strk, by Contrast, Sits Between the Two In Both Risk and Return, Offering An 8% Fixed Dividend and Convertability. At the Base of the Capital Stack Lies Mstr, The Firm’s Common Stock and Primary Vehicle for Levered Bitcoin Exposure.
According to strategy, Strd is non-callable Under Normal Conditions, But May Be Repurchased UPON A “FUNDAMENTAL CHANGE” or SELECT TAX EVENTS. ITS QUARTERLY DIVIDENDS Are Discretionary and Paid in Cash Only WHEN DECLARED by the Board.
In the Broader Market, Strd Compares Favorynt Against Other Preferred Equity and High-Yeld Bond Funds. With a 10% yield and zero Management Fees, Strd Offers a Comedelling Alternative to Etfs Like Pff (7% YIELD, 0.46% Fee) and Ushy
The Strd Offering Supports Strategy’s Broader Initiative to Offer Diversified, Structured Exposures That Span from Stable Yield to High-Convision Digital Asset Plays Anchoring Play. digital era.
In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin and Strategy (MSTR).
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