MORE vs STRF
MORESTRF
Permanent link to this comparison
21dc.com/compare/more-vs-strf
In summary
Generated from the terms, not an opinionMORE pays a variable rate set by the issuer; STRF pays a fixed rate.
All are cumulative: unpaid dividends accrue.
MORE pays weekly, STRF 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 15.19%, STRF 9.82%, and prices stood at −21.00% vs par for MORE, +1.85% vs par for STRF.
Effective yield, six months
MORESTRFBitcoin, right axisTerms, aligned
Rows above the line move with price| Term | MORE Smarter Web Company PLC | STRF Strategy Inc. |
|---|---|---|
| Last close | £79.00 | $101.85 |
| vs par | −21.00% | +1.85% |
| Effective yield | 15.19% | 9.82% |
| Stated rate | 12.00%, variable | 10.00%, fixed |
| Rate mechanism | Set by issuer | Fixed |
| Cumulative | Yes | Yes |
| Frequency | weekly | quarterly |
| Next payment | — | — |
| Rank within issuer | 1 (1 = most senior preferred) | 1 (1 = most senior preferred) |
| Redemption | Company has a redemption right; terms unverified (see prospectus). | Issuer may redeem all (not part) only if outstanding shares < 25% of all shares ever issued (clean-up), or on a tax event, at the then liquidation preference plus accumulated/unpaid dividends. No general optional call. |
| Conversion | None | None |
| Listing, currency | LSE, GBP | Nasdaq, USD |
| Terms as of | 14 Oct 2026 | 25 Mar 2025 |