Is Strategy’s New Stride a Genius or Just a Ponzi in Disguise? đ
After unleashing Strife and Strike, Strategy decided to spice things up with a fresh preferred stockâSeries A Preferred Stock Stride (STRD). Picture this: a 10% noncallable, non-cumulative perpetual dividend, chugging along like a stubborn mule. Its dividend is higher than Strike’s 8%, but lower and less fancy than Strife, which also boasts a 10%. Seems like theyâre stacking their financial deck, folks. đ©