MORE vs STRK
MORESTRK
Permanent link to this comparison
21dc.com/compare/more-vs-strk
In summary
Generated from the terms, not an opinionMORE pays a variable rate set by the issuer; STRK pays a fixed rate and can convert into common stock.
All are cumulative: unpaid dividends accrue.
MORE pays weekly, STRK 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%, STRK 11.39%, and prices stood at −11.50% vs par for MORE, −29.78% vs par for STRK.
Effective yield, six months
MORESTRKBitcoin, right axisTerms, aligned
Rows above the line move with price| Term | MORE Smarter Web Company PLC | STRK Strategy Inc. |
|---|---|---|
| Last close | £88.50 | $70.22 |
| vs par | −11.50% | −29.78% |
| Effective yield | 13.56% | 11.39% |
| Stated rate | 12.00%, variable | 8.00%, fixed |
| Rate mechanism | Set by issuer | Fixed |
| Cumulative | Yes | Yes |
| Frequency | weekly | quarterly |
| Next payment | — | — |
| Rank within issuer | 1 (1 = most senior preferred) | 4 (1 = most senior preferred) |
| Redemption | Company has a redemption right; terms unverified (see prospectus). | Clean-up redemption if aggregate liquidation preference outstanding < 25% of that issued in the IPO; tax redemption at greater of liquidation preference and 5-day average price. No general optional call. |
| Conversion | None | Holder may convert any business day at 0.1000 MSTR shares per STRK share (initial conversion price $1,000.00), subject to anti-dilution adjustment. |
| Listing, currency | LSE, GBP | Nasdaq, USD |
| Terms as of | 14 Oct 2026 | 7 Jul 2025 |