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Tuesday 3 November 2026 · Week 45Prices: 2 Nov close

MORE vs STRE

MORESTRE

Permanent link to this comparison
21dc.com/compare/more-vs-stre

In summary

Generated from the terms, not an opinion

MORE pays a variable rate set by the issuer; STRE pays a fixed rate.

All are cumulative: unpaid dividends accrue.

MORE pays weekly, STRE 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, EUR); figures are shown without FX conversion.

Effective yield, six months

MORESTREBitcoin, right axis
12.0%13.0%14.0%15.0%16.0%$50k$60k$70k$80k$90kJunJulAugSepOctNov15.2%
Daily closes, each divided into the current stated rate. As of 2 Nov 2026.

Terms, aligned

Rows above the line move with price
TermMORE Smarter Web Company PLCSTRE Strategy Inc.
Last close£79.00—
vs par−21.00%—
Effective yield15.19%—
Stated rate12.00%, variable10.00%, fixed
Rate mechanismSet by issuerFixed
CumulativeYesYes
Frequencyweeklyquarterly
Next payment——
Rank within issuer1 (1 = most senior preferred)3 (1 = most senior preferred)
RedemptionCompany has a redemption right; terms unverified (see prospectus).Clean-up (<25% outstanding) and tax redemptions only, at liquidation preference plus accumulated/unpaid dividends.
ConversionNoneNone
Listing, currencyLSE, GBPLuxSE Euro MTF, EUR
Terms as of14 Oct 202613 Nov 2025