Strategy Inc is a publicly traded Bitcoin treasury company and enterprise analytics software provider headquartered in Tysons Corner, Virginia. Formerly known as MicroStrategy Incorporated, the company adopted Bitcoin as its primary treasury reserve asset and uses equity and debt financing, along with cash flows from operations, to accumulate Bitcoin and provide investors with varying degrees of exposure to the digital asset. Strategy also provides AI-powered enterprise analytics software to organizations across a range of industries.
Strategy’s Class A common stock trades on Nasdaq under MSTR, while its U.S.-listed preferred securities include STRK, STRF, STRD and STRC.
The 10.00% Series A Perpetual Strife Preferred Stock, trading under the ticker STRF on the Nasdaq, represents a class of senior preferred equity securities issued by Strategy Inc. STRF carries a fixed annual dividend rate of 10.00% based on a $100 stated amount and pays dividends quarterly in cash when, as and if declared by the company’s board of directors. As perpetual preferred stock, STRF has no scheduled maturity date.
STRF ranks senior to Strategy’s common stock in the company’s capital structure and is designed for investors seeking preferred equity exposure, income potential and a higher claim than common shareholders in certain circumstances. The security is part of Strategy’s broader capital strategy, which includes common equity, preferred equity and debt instruments used to support general corporate purposes, including Bitcoin acquisitions and working capital.
