Meet $STRD - Strategy's newest fiat extraction vehicle to continue accumulating Bitcoin. 10 % yield + a rising floor? "Say more" as Tad Smith would ask. STRD complements their existing preferred stocks (STRK, STRF), diversifying their capital-raising tools while reinforcing their position as the largest corporate Bitcoin holder. Investors can choose STRD for Bitcoin upside or STRK/STRF for steady dividends, depending on their goals. Key points: • 10 % annual coupon – paid only when the board feels like it (non‑cumulative). • Ratchet clause: the $100 face value resets each day to the highest of $100, yesterday’s close, or the 10‑day average. Floor moves up, never down. • Of course, the proceeds go to buy more bitcoin and run the business. • Company may call all shares once <25 % remain outstanding. How does $STRD compare with $STRF or $STRK? See table below. It's getting hard to keep up with all the BTC treasuruy companies and Strategy's continued innovations! What a time to be an investor. #gn #news #grownostr #plebchain #MSTR #STRD #STRF #STRK @Michael Saylor https://www.strategy.com/press/strategy-announces-proposed-strd-stock-offering_06-02-2025