Strategy's Convertible Preferred Stock Set To List On Nasdaq

According to Foresight News, CoinDesk reports that Strategy, formerly known as MicroStrategy, anticipates the listing of its convertible preferred stock, Strike (STRK), on the Nasdaq on Thursday. To date, Strategy has utilized approximately $17 billion of its $21 billion at-the-market (ATM) stock program. Additionally, the company has introduced new performance targets, aiming for Bitcoin earnings to reach $10 billion by 2025, up from the current $1.24 billion. The second key performance indicator is achieving a 15% Bitcoin return rate, compared to the year-to-date rate of 2.9%.