Michael Saylor: STRD preferred shares start trading on Nasdaq today

Odaily News Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor posted on the X platform that STRD began trading on Nasdaq today, marking the company's third Bitcoin-backed preferred stock. Earlier this month, Strategy announced its proposed public offering of 2.5 million 10.00% Series A perpetual preferred shares (ticker symbol: STRD), with proceeds to be used for general corporate purposes, including the Bitcoin acquisition and working capital.

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