Odaily Planet Daily News: The permanently convertible preferred stock STRK launched by Strategy (formerly MicroStrategy) has risen by 16% since its issuance on February 10, 2025, outperforming Bitcoin, which rose by 10%, and the S&P 500 index, which fell by 2% during the same period. The company raised $59.7 million in the latest round through its weekly on exchange (ATM) program, setting a record for the highest weekly amount since the program was launched, and the funds were used to further increase its holdings of Bitcoin. At present, Strategy holds a total of 576230 bitcoins with an annualized return of 16.3%. The current effective rate of return for STRK is 8.1%, and its correlation with Strategy's common stock (MSTR) is low, providing investors with differentiated market exposure. (CoinDesk)