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

Source
Uk Jin

Summary

  • Strategy, the world’s largest Bitcoin treasury company, said retail investors hold about 80% of its perpetual preferred stock, Stratech.
  • Stratech investors can receive an annual dividend of 11.5% in monthly cash payments.
  • Michael Saylor said Stratech is a vehicle for investors who believe in Bitcoin’s long-term growth potential but find it difficult to withstand short-term volatility.

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Photo=Capture from Phong Le, CEO of Strategy, on X
Photo=Capture from Phong Le, CEO of Strategy, on X

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.”

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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