Strategy: 80% of ‘Stratech’ preferred-stock investors are individuals

It has emerged that the main investors in Strategy’s perpetual preferred stock, ‘Stratech,’ issued by the world’s largest Bitcoin (BTC) treasury company, are retail investors.

According to Cointelegraph, a cryptocurrency-focused media outlet, Phong Le, CEO of Strategy, said on X (formerly Twitter) on the 27th (Korea time) that “retail investors hold about 80% of Stratech perpetual preferred stock,” adding that “retail investors tend to prefer products with lower volatility and higher yields.”

Stratech is a perpetual preferred stock that Strategy launched last year. Stratech investors can receive an annual dividend of 11.5% in monthly cash payments.

Michael Saylor, Strategy’s founder, described Stratech as “a vehicle for investors who believe in Bitcoin’s long-term growth potential but find it difficult to withstand short-term volatility.”