MERCURY vs STRE
MERCURYSTRE
Permanent link to this comparison
21dc.com/compare/mercury-vs-stre
In summary
Generated from the terms, not an opinionMERCURY pays a fixed rate and can convert into common stock; STRE pays a fixed rate.
They are issued by different companies (Metaplanet Inc., Strategy Inc.), so their claims rank against different balance sheets.
They are denominated in different currencies (JPY, EUR); figures are shown without FX conversion.
Effective yield, six months
MERCURYSTRENo price history has been recorded yet; the chart appears once daily closes are in.
Terms, aligned
Rows above the line move with price| Term | MERCURY Metaplanet Inc. | STRE Strategy Inc. |
|---|---|---|
| Last close | — | — |
| vs par | — | — |
| Effective yield | — | — |
| Stated rate | 4.90%, fixed | 10.00%, fixed |
| Rate mechanism | Fixed | Fixed |
| Cumulative | — | Yes |
| Frequency | quarterly | quarterly |
| Next payment | — | — |
| Rank within issuer | 2 (1 = most senior preferred) | 3 (1 = most senior preferred) |
| Redemption | — | Clean-up (<25% outstanding) and tax redemptions only, at liquidation preference plus accumulated/unpaid dividends. |
| Conversion | Long-dated option to convert into common at ¥1,000 (secondary source; mechanics unverified) | None |
| Listing, currency | Unlisted, JPY | LuxSE Euro MTF, EUR |
| Terms as of | 20 Nov 2025 | 13 Nov 2025 |