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Friday 30 October 2026 · Week 44Prices: 29 Oct close

MARS vs STRD

MARSSTRD

Permanent link to this comparison
21dc.com/compare/mars-vs-strd

In summary

Generated from the terms, not an opinion

All 1 pay a fixed rate.

STRD is non-cumulative: a dividend that is not declared does not accrue.

They rank equally (pari passu) within Strategy Inc..

They are denominated in different currencies (JPY, USD); figures are shown without FX conversion.

Effective yield, six months

MARSSTRDBitcoin, right axis
12.0%14.0%16.0%18.0%20.0%$50k$60k$70k$80k$90kMayJunJulAugSepOct14.2%
Daily closes, each divided into the current stated rate. As of 29 Oct 2026.

Terms, aligned

Rows above the line move with price
TermMARS Metaplanet Inc.STRD Strategy Inc.
Last close—$70.52
vs par—−29.48%
Effective yield—14.18%
Stated rate—10.00%, fixed
Rate mechanismFixedFixed
Cumulative—No
Frequency—quarterly
Next payment——
Rank within issuer—5 (1 = most senior preferred)
Redemption—Clean-up (<25% outstanding) and tax redemptions only, at liquidation preference plus declared and unpaid dividends.
ConversionNoneNone
Listing, currencyUnlisted, JPYNasdaq, USD
Terms as of—10 Jun 2025