MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock (STRF)

US — Technology Sector
Peers: FIG  TTD  ERIC  FICO  SMCI  PTC  ZM  HUBS  GRAB  PSTG 

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News

Strategy's Distributions to Digital Credit Investors in 2025 are Return of Capital
STRF
Published: February 02, 2026 by: Business Wire
Sentiment: Neutral

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) (“Strategy”) today announced that, for U.S. federal income tax purposes, 100% of distributions paid during calendar year 2025 on its preferred equity instruments were treated as a nontaxable return of capital (“ROC”) to the extent of a recipient shareholder's tax basis in their applicable preferred equity instruments, as reported on Forms 8937. Accordingly, such distributions are treated as a retur.

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image for news Strategy's Distributions to Digital Credit Investors in 2025 are Return of Capital
Strategy's Preferreds: Only One Worth Buying
STRC, STRF, STRK
Published: January 19, 2026 by: Seeking Alpha
Sentiment: Positive

Strategy's preferred stocks are evaluated, with a focus on STRC, STRK, STRF, and STRD for investment merit. MSTR's business model relies on capital raises to accumulate Bitcoin, lacking operational income to support fixed obligations during BTC downturns. STRD is rated Buy among the preferreds, despite lacking cumulative dividends or conversion features, due to its risk/reward profile and current market pricing.

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image for news Strategy's Preferreds: Only One Worth Buying
Saying (Micro) Strategy Is Just Bitcoin Is Like Saying Niagara Falls Is Just Water (Rating Upgrade)
BMAX, MSTR, STRF
Published: May 09, 2025 by: Seeking Alpha
Sentiment: Positive

Rob Gronkowski, the retired football star with a goofy image, was described by a comedian as knowing better than to mess with bitcoin (except, maybe, to chew on it). Strategy (MSTR) understands and appreciates how valuable bitcoin can be as a permanent store of value. Speaking for myself, I see it as a 21st century digital collectible. MSTR buys and holds bitcoin through what it calls “intelligent leverage.” I see that as roughly akin to the leverage that Warren Buffett used to become an investment legend.

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image for news Saying (Micro) Strategy Is Just Bitcoin Is Like Saying Niagara Falls Is Just Water (Rating Upgrade)

About MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock (STRF)

  • IPO Date 2025-03-20
  • Website https://www.microstrategy.com
  • Industry Software - Application
  • CEO Phong Q. Le
  • Employees 1483

STRF is a perpetual preferred stock offering a fixed 10% annual dividend on a $100 stated amount, with dividends paid quarterly in cash. The stock is designed to provide income-focused investors with a high-yield investment linked to MicroStrategy's significant Bitcoin assets.