STRK Strategy Hits All-Time High in Proceeds, Surpassing Bitcoin and S&P 500 Performance

STRK Preferred Stock Outpaces Bitcoin and S&P 500, Boosted by Record ATM Issuance

Strategy’s perpetual preferred stock, STRK, has demonstrated strong performance since its February launch, surpassing both bitcoin and the S&P 500 while providing investors with an attractive fixed yield and unique market exposure.

According to a recent SEC filing and analysis by Twitter user DogCandles, STRK raised $59.7 million through its largest weekly at-the-market (ATM) offering to date. The proceeds were immediately deployed to purchase additional bitcoin, adding approximately 621,555 STRK shares to the market. Strategy still holds around $20.79 billion in available ATM capacity for STRK.

Executive Chairman Michael Saylor’s bitcoin acquisition strategy continues unabated as bitcoin trades above $100,000, nearing its January peak of $109,000. With this latest purchase, Strategy’s bitcoin holdings now total 576,230 BTC.

A key performance indicator, the BTC yield, currently stands at 16.3%, reflecting the year-to-date increase in bitcoin exposure per diluted share.

This latest STRK issuance accounts for just under 9% of the total funds raised through the ATM program for Strategy’s common stock, which has generated $705.7 million to date. This highlights STRK’s growing role in funding the company’s bitcoin purchases.

STRK offers investors a fixed 8% annual dividend based on its $100 liquidation preference, translating to an $8.00 yearly payout per share. The current effective yield is approximately 8.1%, inversely related to the share price.

Since its February 10 debut, STRK has gained 16%, outperforming bitcoin’s 10% increase and the S&P 500’s 2% decline during the same period.

According to Strategy’s data, STRK shows a 44% correlation with MSTR common stock, but stronger correlations of 71% with bitcoin and 72% with the SPY ETF, underscoring its hybrid nature and appeal to investors seeking differentiated bitcoin exposure through preferred equity.