MORE vs STRD
MORESTRD
Permanent link to this comparison
21dc.com/compare/more-vs-strd
In summary
Generated from the terms, not an opinionMORE pays a variable rate set by the issuer; STRD pays a fixed rate.
STRD is non-cumulative: a dividend that is not declared does not accrue.
MORE pays weekly, STRD pays quarterly.
They are issued by different companies (Smarter Web Company PLC, Strategy Inc.), so their claims rank against different balance sheets.
They are denominated in different currencies (GBP, USD); figures are shown without FX conversion.
At the latest closes, effective yields were MORE 13.56%, STRD 14.18%, and prices stood at −11.50% vs par for MORE, −29.48% vs par for STRD.
Effective yield, six months
MORESTRDBitcoin, right axisTerms, aligned
Rows above the line move with price| Term | MORE Smarter Web Company PLC | STRD Strategy Inc. |
|---|---|---|
| Last close | £88.50 | $70.52 |
| vs par | −11.50% | −29.48% |
| Effective yield | 13.56% | 14.18% |
| Stated rate | 12.00%, variable | 10.00%, fixed |
| Rate mechanism | Set by issuer | Fixed |
| Cumulative | Yes | No |
| Frequency | weekly | quarterly |
| Next payment | — | — |
| Rank within issuer | 1 (1 = most senior preferred) | 5 (1 = most senior preferred) |
| Redemption | Company has a redemption right; terms unverified (see prospectus). | Clean-up (<25% outstanding) and tax redemptions only, at liquidation preference plus declared and unpaid dividends. |
| Conversion | None | None |
| Listing, currency | LSE, GBP | Nasdaq, USD |
| Terms as of | 14 Oct 2026 | 10 Jun 2025 |