MicroStrategy（MSTR）從其每週在市場上（ATM）發行Strk的收益最大

MicroStrategy的（MSTR）永久優先股Strk獲得了每週在市場上發行的最大收益

A recent report by Bloomberg has revealed that Strategy’s (MSTR) perpetual preferred stock, STRK, saw its largest weekly at-the-market (ATM) issuance since the program’s start in February.

彭博社最近的一份報告顯示，戰略（MSTR）永久優先股Strk看到了該計劃於2月份開始以來最大的每週出版（ATM）發行。

According to the report by Bloomberg, DogCandles, an X account, noted that the STRK issuance brought in $59.7 million, which was used to buy more bitcoin.

根據彭博社的報告，X帳戶的Dogcandles指出，Strk發行帶來了5,970萬美元，用於購買更多比特幣。

The amount corresponds to the issuance of approximately 621,555 STRK shares. Strategy has about $20.79 billion still available in the STRK ATM facility.

該金額對應於大約621,555股股票的發行。 Strk ATM設施中仍有大約207.9億美元的策略。

The company, led by Executive Chairman Michael Saylor, is continuing its bitcoin-buying strategy even as the price of the largest cryptocurrency holds above $100,000, with an eye on its January record of $109,000.

該公司由執行董事長邁克爾·賽勒（Michael Saylor）領導，即使最大的加密貨幣的價格持有超過100,000美元，但仍關注其一月份的109,000美元，即使最大的加密貨幣價格持有，該公司仍在繼續其購買比特幣的策略。

Strategy’s Monday BTC purchase took its total bitcoin holdings to 576,230 BTC. This represents a 16.3% BTC yield, a key performance indicator (KPI) that reflects the year-to-date percentage increase in the ratio of MSTR’s bitcoin holdings to its assumed diluted shares outstanding, effectively measuring the growth in BTC exposure on a per-share basis.

策略的周一BTC購買將其總比特幣持有量達到576,230 BTC。這代表了BTC收益率為16.3％，這是一個關鍵績效指標（KPI），反映了MSTR幣持有量與其假定稀釋股份未償還股份的比率增加的年度比例增加，從而有效地衡量了BTC的增長。

The recent STRK issuance represents just under 9% of the total proceeds generated from the ATM program for the common stock, which has raised $705.7 million to date. This highlights the increasing role STRK is playing in Strategy’s bitcoin acquisition model.

最近的Strk發行量不到ATM計劃從ATM計劃產生的總收益的9％，該計劃迄今已籌集了7.057億美元。這強調了Strk在策略的比特幣採集模型中的作用不斷提高。

STRK features a fixed 8% annual dividend, which is based on the $100 per share liquidation preference, resulting in an annual payout of $8.00 per share.

Strk的年度股息為固定的8％股息，該股息基於每股100美元的清算偏好，導致每股支付$ 8.00。

That gives it an effective yield, annual dividend divided by STRK share price, of 8.1%. Importantly, this yield is inversely related to the share price. As STRK trades higher, the yield decreases, and vice versa.

這使其具有有效的收益率，年度股息除以Strk股價，為8.1％。重要的是，這種產量與股價成反比。隨著Strk的交易越高，收率下降，反之亦然。

Since its launch on Feb. 10, STRK has risen by 16%, outperforming both bitcoin, which has added 10%, and the S&P 500, which has declined by 2% over the same period.

自2月10日推出以來，Strk上升了16％，表現優於兩種比特幣，該比特幣增加了10％，標準普爾500指數在同一時期下降了2％。

According to data from the Strategy dashboard, STRK exhibits the lowest correlation with MSTR common stock, sitting at just 44%. In contrast, STRK maintains relatively higher correlations with broader market benchmarks: 71% with bitcoin and 72% with the SPY exchange-traded fund.

根據策略儀表板的數據，Strk與MSTR普通股的相關性最低，僅為44％。相比之下，Strk與更廣泛的市場基准保持相對較高的相關性：71％的比特幣和72％的間諜交易所基金。

This suggests that STRK trades with a unique profile, potentially appealing to investors seeking differentiated exposure due to its hybrid nature as a preferred equity instrument with bitcoin-tied capital deployment.

這表明Strk具有獨特的概況交易，可能會吸引因其混合性質作為具有比特幣綁定資本部署的首選股權工具而尋求差異化的投資者。