STRD vs STRF
STRDSTRF
Permanent link to this comparison
21dc.com/compare/strd-vs-strf
In summary
Generated from the terms, not an opinionAll 2 pay a fixed rate.
STRD is non-cumulative: a dividend that is not declared does not accrue.
Within Strategy Inc., STRF ranks ahead of STRD.
At the latest closes, effective yields were STRD 14.18%, STRF 9.74%, and prices stood at −29.48% vs par for STRD, +2.67% vs par for STRF.
Effective yield, six months
STRDSTRFBitcoin, right axisTerms, aligned
Rows above the line move with price| Term | STRD Strategy Inc. | STRF Strategy Inc. |
|---|---|---|
| Last close | $70.52 | $102.67 |
| vs par | −29.48% | +2.67% |
| Effective yield | 14.18% | 9.74% |
| Stated rate | 10.00%, fixed | 10.00%, fixed |
| Rate mechanism | Fixed | Fixed |
| Cumulative | No | Yes |
| Frequency | quarterly | quarterly |
| Next payment | — | — |
| Rank within issuer | 5 (1 = most senior preferred) | 1 (1 = most senior preferred) |
| Redemption | Clean-up (<25% outstanding) and tax redemptions only, at liquidation preference plus declared and unpaid dividends. | 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 | Nasdaq, USD | Nasdaq, USD |
| Terms as of | 10 Jun 2025 | 25 Mar 2025 |