Michael Saylor’s Strategy Launches Bitcoin-Backed Stock STRD

Strategy, spearheaded by Executive Chairman Michael Saylor, launched its Bitcoin-backed preferred stock, STRD, on the Nasdaq exchange today. This marks the third offering in Strategy’s expanding suite of Bitcoin-secured investment products aimed at delivering fixed-income opportunities to security-conscious investors.

Saylor took to Twitter to announce the rollout, underscoring Strategy’s mission to provide conventional financial instruments with the backing of Bitcoin. STRD is tailored to appeal to institutional and retail investors seeking stable returns through a product that merges the reliability of preferred stock with the decentralized security of Bitcoin.

Unlike typical equity offerings, STRD is structured to deliver fixed income, with the value and yield supported by Strategy’s vast Bitcoin holdings. The launch comes amid increasing demand for hybrid financial products that can withstand market volatility while leveraging digital asset growth.

Strategy’s Bitcoin reserve, nearing a staggering 600,000 BTC, was acquired at a cumulative cost of approximately $41 billion. This extensive treasury provides the financial backbone for STRD, reinforcing investor confidence in the stability and sustainability of returns.

Bitcoin Price Chart - CMC Data — **Source**: CMC Data

The introduction of STRD reflects Strategy’s continued evolution into a dominant force in the crypto-finance landscape. Its innovative approach comes at a time when traditional fixed-income investments face pressure from inflation and uncertain monetary policy. By tying yield-generating instruments directly to Bitcoin reserves, Strategy positions itself at the forefront of a new asset class that blends the best of both financial worlds.

Also Read: Ethereum Outpaces Bitcoin with 40% Q2 Surge: Is ETH Leading the Next Altcoin Rally?

With STRD now live on Nasdaq, Strategy is sending a clear signal to Wall Street: Bitcoin is no longer just a speculative asset, but a legitimate foundation for secure, income-generating financial products.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.