Strategy’s Preferred Shares Outpace Peers By 19%, Offer 7x Higher Liquidity Over First Two Weeks: Analysis Highlights ‘Very High Yields’
The two-week-old preferred shares issued by Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) have been seven times more liquid, outperforming its peers by 19%. However, according to an analysis, “yield is very high”.
What Happened: Saylor is the founder and chairman of the Bitcoin (CRYPTO: BTC) treasury company, erstwhile known as MicroStrategy, which issued 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock at $80.00 per share (NASDAQ:STRK) on Jan. 31.
According to the Bloomberg data shared by Saylor in a graphic via an X post, these preferred shares demonstrate significantly higher liquidity than their peers, boasting seven times the trading volume. Additionally, these shares have outperformed the other preferred equity by “~19% over the first two weeks of trading”.
Comparing the first two weeks of other preferred shares since 2022, STRK’s mean return has been 17.6% higher while others have declined by 1.1%. Also, the average dollar trading volume of STRK’s face value has been at $46 a piece, which compares to the mean of $6 per share for other …
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