Strategy’s STRK Surpasses Competitors as Top US-Listed Security
STRK, Strategy’s perpetual security, is the top performer among US-listed securities since 2022. Key highlights include:
- Outperformed competitors in price performance and liquidity.
- Initially priced at $100, currently trading at $48.
- Trading volume is seven times higher than similar securities.
- Ranked first in price gains and volume among 115 new preferred securities.
- Gained 1.3% on its first day, 8% in the first week, and 17.6% by the end of the second week.
- Raised $563.4 million for Bitcoin purchases, nearly three times the target.
On February 15, Michael Saylor noted strong demand for STRK. He and Nayib Bukele discussed Bitcoin adoption in El Salvador, which aims to strengthen its role in the crypto industry.
Speculation about Strategy relocating to El Salvador exists but is deemed unlikely due to its strong US presence. Currently, Strategy holds 478,740 BTC, while El Salvador holds 6,079 BTC.