Strategy's High-Yielding Preferred Children -- Two Buys, Two Sells

Strategy (for which I said “Sell” on 2/13/26), is more than just a stock or even bitcoin play. It's actually the parent of four high-yielding children, more specifically preferred stocks. I can dislike parent MSTR but still like one or more of its children. It's like me being a customer of Citigroup and Schwab but hating bank and brokerage stocks. My favorite child, and I think MSTR's favorite too, is a so-called treasury credit nicknamed “Stretch” with a ticker STRC. An adjustable dividend keeps the price near par. Buy.

Seeking Alpha • Feb 18, 2026

Strategy Inc (MSTR) Q4 2025 Earnings Call Transcript

Strategy Inc (MSTR) Q4 2025 Earnings Call Transcript

Seeking Alpha • Feb 7, 2026

Strategy Announces Fourth Quarter 2025 Financial Results; Holds 713,502 BTC

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) (“Strategy” or the “Company”), the largest corporate holder of bitcoin and the world's first Bitcoin Treasury Company, today announces financial results for the three-month period ended December 31, 2025 (the fourth quarter of its 2025 fiscal year). “We raised $25.3 billion of capital in 2025 to advance our Bitcoin treasury strategy, making us the largest equity issuer among U.S. public companies f.

Business Wire • Feb 5, 2026

Strategy's Distributions to Digital Credit Investors in 2025 are Return of Capital

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.

Business Wire • Feb 2, 2026

Strategy's Preferreds: Only One Worth Buying

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.

Seeking Alpha • Jan 19, 2026

Strategy Announces Earnings Release Date and Live Video Webinar for Fourth Quarter 2025 Financial Results

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR), the largest corporate holder of bitcoin and the world's first Bitcoin Treasury Company, today announced it will report its financial results for the fourth quarter of 2025 after the U.S. financial markets close on Thursday, February 5, 2026 and will host a live Video Webinar at 5:00 p.m. Eastern Time to discuss the results. The Video Webinar will be conducted on the Zoom platform and questions will only be tak.

Business Wire • Jan 15, 2026

Strategy Announces Establishment of $1.44 Billion USD Reserve and Updates FY 2025 Guidance

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) today announced the establishment of a US dollar reserve (“USD Reserve”) of $1.44 billion and updates to its assumptions underlying its previously issued forward guidance and bitcoin key performance indicator (“KPI”) targets for the fiscal year ending December 31, 2025, which were published on October 30, 2025. Establishment of USD Reserve Strategy today announced that it has established a USD Rese.

Business Wire • Dec 1, 2025

STRF: Double Digit Yield, Tax Advantaged Fixed Income

Strategy's Series A Perpetual Strife Preferred Stock (STRF) offers a 10.2% yield, backed by significant Bitcoin holdings and seniority in the capital stack. STRF is overcollateralized by 5.8x in BTC, with risk of impairment only in the event of an extreme, sustained Bitcoin collapse and tight capital markets. Tax-advantaged return of capital treatment enhances after-tax yield, making STRF especially attractive for U.S. income investors seeking deferral benefits.

Seeking Alpha • Nov 25, 2025

Strategy's Bitcoin Treasury: Different Securities For Different Investors (New Ratings)

If you're interested in bitcoin, Strategy (MSTR) is worth a very close look. It's main “business” is bitcoin treasury – i.e., it buys and holds bitcoin. But that's just the start. It's “intelligent leverage” program, opportunistic capital raises and coin purchases, helps the company outperform bitcoin prices. MSTR now trades at a premium to the value of its bitcoin, but a narrower premium than in the recent past. That's OK. Intelligent leverage deserves some sort of premium.

Seeking Alpha • Nov 14, 2025

Undercovered Dozen: Power Solutions, USA Rare Earth, Archer Aviation And More

The Undercovered Dozen highlights 12 lesser-followed stocks and ETFs, offering fresh investment ideas and sparking community discussion on Seeking Alpha. This week's edition covers articles published between Nov. 7 and Nov. 13, offering fresh investment ideas. Ratings range from strong buy (ACHR, VICI, PSEC) to hold (JEPQ, MSTY) and sell (EOSE, VGT, XLK), with detailed justifications based on valuation, yield, and growth prospects.

Seeking Alpha • Nov 14, 2025