- Strategy's STRC and Strive's SATA, perpetual preferred equity instruments philosophically backed by Bitcoin treasury positions, are trading near $85 and $97.9 respectively.
- Both securities experienced declines in June due to leverage unwinds and falling Bitcoin prices, with SATA shifting to daily dividend payments.
- Investors are considering the yield and potential upside of STRC trading at a discount to par versus the cleaner yield calculation of SATA trading near par.
Topics: Asset types, Institutional adoption, Yield performance, Equity, Asset manager initiatives, Private credit high yield
Tags: #strc #sata #bitcoin #perpetualpreferredequity #treasury #yield #parvalue #dividend #leverageunwind #striveinc
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