STRK stock has become the highest yielding perpetual security in the US thanks to a seven-fold increase in trading volume and strong demand
STRK Strategies has become the highest yielding perpetual security in the US since 2022 and made a very successful market debut. In just two weeks, it has outperformed similar securities in both price and liquidity. After initially soaring to US$100 and then falling to US$48,
#STRK continues to trade with seven times the average volume of similar securities.
February 15,
#MicroStrategy founder Michael Saylor noted STRK's rapid growth and emphasized the strong demand for STRK. He noted that STRK ranked first in price and volume growth among 115 preferred stocks listed in the US since 2022. Data showed that it rose 1.3% on the first day, 8% in the first week, and 17.6% in the second week, outperforming its peers by nearly 19%.
the increased interest reflects investor confidence, despite the price volatility STRK reached a high of US$100 on the launch day, and a week later it fell to US$52, but then stabilized at US$48. On January 27, Strategy went public on the STRK exchange to raise funds to buy
#bitcoin , exceeding expectations and raising US$563.4 million (nearly triple its original goal).
Meanwhile, major bitcoin supporters, including Michael Saylor and Naib Boukere, recently discussed bitcoin's global expansion at the presidential palace in El Salvador. Saylor said that the conversation centered on increasing the number of users and positioning El Salvador as an important player in the crypto industry.
After the meeting, there was speculation that Strategy would move its headquarters to El Salvador, as
#Tether recently did. It has been reported that such a move is not far off. However, this is unlikely as the company maintains a strong presence in the U. S. , where the regulatory environment is improving.
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