Strategy convertible preferred stock STRK will be listed on NASDAQ on Thursday "
According to online reports, Strategy (formerly MicroStrategy) announced at its fourth-quarter earnings report released on February 6 that its convertible preferred stock STRK will be listed on Nasdaq this Thursday. The financial report showed that the company lost US$3.03 per share in the fourth quarter, and impairment losses of US$1 billion were caused due to failure to adopt the FASB accounting standards. The company said it would begin to adopt the new standards this quarter. Among the newly set performance indicators, Strategy plans to achieve bitcoin gains of US$10 billion by 2025, and has achieved US$1.24 billion so far; at the same time, it sets a bitcoin yield target of 15%, and the current yield is 2.9%. In terms of financing, the company has used US$17 billion of the US$21 billion ATM (ready to issue) stock issuance quota, and its stock issuance only accounts for 2.9% of the cumulative trading volume, with the highest proportion in the week of November 11-15, reaching 7%.
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