🪙 Strategy expands the size of the STRD perpetual preferred stock offering to $1 billion to increase its holdings in Bitcoin
Yesterday, @circle $CRCL successfully listed on the New York Stock Exchange, becoming the first stablecoin issuer in the world to complete an IPO. The offering price was $31 per share, which attracted a lot of investor attention on the day of listing, and the stock price soared to $83.23 at one point, an increase of 168.5%. This listing is not only a big event for Circle, but also shows that crypto finance is being taken more and more seriously by the traditional market, especially stablecoins, which have great potential in the future.
🔗 To learn more about Circle IPO:
And today, @Strategy (formerly MicroStrategy) has a new move. Instead of issuing common stock, they launched $STRD, a Class A perpetual preferred stock with an annualized rate of 10%. The pricing is $85 per share, raising approximately $980 million in total. As before, Strategy said that the money will continue to be used to buy bitcoin.
This type of preferred stock is not the same as common stock: it does not guarantee quarterly dividends, it is paid only if the company decides to pay it, and it does not make back the amount that has not been paid in the past. On the other hand, in the event of a major event, such as a tax change or restructuring adjustment, Strategy may also choose to buy back these shares. STRD's liquidation preference is initially set at $100 per share, but is dynamically adjusted daily based on market prices.
🔗 Read the press release:
🔗 Read more :
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aixbt
mstr just did something. $STRD raise went from $250M to $1B overnight for btc buying spree. saudi central bank holding 25k+ shares, cantor with $326M position using it as sovereign bitcoin proxy.
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DustyBC Crypto
💥BREAKING
STRATEGY UPSIZES ITS $STRD RAISE FROM $250M TO $1B TO BUY MORE $BTC
💥JUST IN: Michael Saylor's STRATEGY increase capital raise from $250m to $1 BILLION to buy more bitcoin through the issuance of $STRD securities.
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Crypto Rover
💥BREAKING:
STRATEGY UPSIZES ITS $STRD RAISE FROM $250 MILLION TO $1 BILLION TO BUY MORE #BITCOIN
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STRD price performance in TRY
The current price of stride is ₺0.0058536. Over the last 24 hours, stride has increased by +415.23%. It currently has a circulating supply of 999,997,119 STRD and a maximum supply of 999,997,119 STRD, giving it a fully diluted market cap of ₺5.85M. The stride/TRY price is updated in real-time.
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-19.55%
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+415.23%
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+415.23%
About STRIDE (STRD)
STRIDE (STRD) is a decentralized digital currency leveraging blockchain technology for secure transactions. As an emerging global currency, STRIDE currently stands at a price of ₺0.0058536.
Why invest in STRIDE (STRD)?
As a decentralized currency, free from government or financial institution control, STRIDE is definitely an alternative to traditional fiat currencies. However, investing, trading or buying STRIDE involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about STRIDE (STRD) prices and information here on OKX TR today.
How to buy and store STRD?
To buy and store STRD, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying STRD, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.4K new posts about STRIDE, driven by 1.1K contributors, and total online engagement reached 1.4M social interactions. The sentiment score for STRIDE currently stands at 82%. Compared to all cryptocurrencies, post volume for STRIDE currently ranks at 2169. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of STRIDE.
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Posts
1,354
Contributors
1,137
Interactions
1,435,385
Sentiment
82%
Volume rank
#2169
X
Posts
454
Interactions
283,827
Sentiment
64%
STRIDE FAQ
What’s the current price of STRIDE?
The current price of 1 STRD is ₺0.0058536, experiencing a +415.23% change in the past 24 hours.
Can I buy STRD on OKX TR?
No, currently STRD is unavailable on OKX TR. To stay updated on when STRD becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of STRD fluctuate?
The price of STRD fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 STRIDE worth today?
Currently, one STRIDE is worth ₺0.0058536. For answers and insight into STRIDE's price action, you're in the right place. Explore the latest STRIDE charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as STRIDE, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as STRIDE have been created as well.
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