MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock(STRF)Earnings, Financials & Key Ratios

Among the five preferred series (STRF, STRC, STRK, STRD, STRE), STRF is structurally superior due to its cumulative status and punitive compounding rate (up to 18%). Strategy officially established a USD Reserve on December 1, 2025. This cash is explicitly earmarked to cover dividends for preferred shares like STRF and interest on debt. While the reserve provides a massive cushion, it remains discretionary. Strategy is funding this reserve by selling common stock (ATM program) rather than through business profits.

Strategy's 10.00% Series A Perpetual Strife Preferred Stock (STRF) offers an 11.2% yield, trading at a 10% discount to its $100 liquidation preference. STRF is the senior-most preferred, with cumulative dividends, penalty compounding, governance rights, and high asset coverage—backed by $53.3B in Bitcoin and cash versus $6.7B debt. Recent debt reduction and replenished USD Reserve ($1.4B) reinforce STRF's position, though cash allocation and Bitcoin volatility remain key risks.

FAIRFAX, Va.--(BUSINESS WIRE)--TEOCO Corporation, a leader in communications analytics, cost management, routing and planning solutions, today announced that it has selected Strategy Inc.'s cloud-native platform, Strategy One, for its SmartCOGS BillTrak Analysis Module (BAM). This collaboration enables TEOCO's customers to streamline analysis and decision-making across the company's flagship cost management solutions by leveraging Strategy One's flexible self-service reporting and AI-powered ca.