MSTR - 'STRIFE': MICROSTRATEGY'S NEW TOOL FOR BUYING YET MORE BITCOIN MicroStrategy, now rebranded as Strategy, plans to sell 500M in "perpetual strife preferred stock," paying a 10% annual dividend to fund more Bitcoin purchases. The company already holds nearly 500,000 BTC (worth ~41B), mostly funded by debt and equity sales. Last week, it announced a similar 21B offering called "perpetual strike preferred stock," which pays 8%, ranks lower for repayment, and can convert to common shares. MicroStrategy shares are down ~50% from November highs. Bitcoin trades around 81,000, down over 20% from its January peak.