TechFlow news, March 18 — According to an official announcement, Strategy (Nasdaq: MSTR; STRK) announced the launch of a new perpetual preferred stock named $STRF ("Strife"), available to institutional investors and certain non-institutional investors.
The announcement stated that Strategy intends, subject to market conditions, to offer 5 million shares of Strategy's Series A Perpetual Strife Preferred Stock through a public offering registered under the Securities Act of 1933. Net proceeds from this offering will be used for general corporate purposes, including bitcoin acquisitions and working capital.





