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[PRESS RELEASE – Dnipro, Ukraine, December 9th, 2024]
The pre-sale of Nebula Stride (NST) has begun. This solution introduces new tools for asset management and interaction with decentralized financial systems. Tokens are available at the starting price of $0.02.
NebulaStride is introducing itself as a blockchain initiative focused on enhancing the decentralized finance (DeFi) ecosystem. The project is designed to improve accessibility and decentralization within financial markets through advanced smart contracts and integrated financial tools.
Market Position
With DeFi experiencing growth, NebulaStride aims to differentiate itself by providing innovative solutions targeting inefficiencies in traditional finance. Currently in its presale stage, NST tokens are available at $0.02, with plans to be open for public trading following the presale.
Key Features Driving NebulaStride
Advanced Technology: NST is built on smart contracts that prioritize decentralization and security. Targeted Solutions: The project focuses on addressing challenges within the traditional financial system, positioning itself as a notable entrant in the DeFi space. Scalable Growth Strategy: A well-structured token distribution model and strategic partnerships aim to provide a foundation for long-term expansion. Tokenomics Overview
Total Supply: 2,000,000,000 NST Token Allocation: Presale: 25% (500,000,000 NST) Staking Rewards: 15% (300,000,000 NST) Liquidity: 10% (200,000,000 NST) Team: 7% (140,000,000 NST) Strategic Partnerships: 3% (60,000,000 NST) Marketing: 15% (300,000,000 NST) Giveaways: 2% (40,000,000 NST) Community Development: 3% (60,000,000 NST) Ecosystem Development: 5% (100,000,000 NST) Reserve: 5% (100,000,000 NST) Airdrops: 10% (200,000,000 NST) This distribution model is designed to support network participants while fostering long-term ecosystem sustainability.
Competitive Advantages
Early Development Stage: Designed to potentially benefit from increased market exposure and adoption following exchange listings. Smart Contract Innovation: Features enhanced functionality to provide users with a secure and flexible DeFi experience. Certik Audit: Successfully completed a Certik audit, verifying the integrity and security of its systems. Promotion Strategy: Focused marketing initiatives, partnerships, and airdrop programs aim to build a global community. Objective Reporting
NebulaStride’s approach emphasizes security, decentralization, and strategic growth. The project seeks to provide accessible DeFi solutions while fostering confidence through independent audits and strategic planning.
About NebulaStride
NebulaStride (NST) is a blockchain-based decentralized finance (DeFi) project aimed at making financial services more accessible, secure, and decentralized. With a focus on leveraging smart contract technology, NebulaStride seeks to provide innovative solutions to bridge gaps in traditional finance while empowering a global community of users.
For further details, users can visit the official NebulaStride presale page and community channels:
Presale Website: NebulaStride Presale Telegram Official Channel: NebulaStrideOfficial Telegram Community: NebulaStrideCommunity Twitter (X): @NebulaStridePr Discord: NebulaStride Community
About the author
Chainwire is a specialized crypto newswire service providing high-impact distribution for the cryptocurrency and blockchain industry.
After smashing the $100k mark, Bitcoin (BTC) managed to maintain its bullish momentum as it is now targeting the $110k resistance level. This might help instill more bullish sentiment in the market that has the potential to allow multiple cryptos turn their charts green. Among them, Nebula Stride (NST) seems to be a strong contender, considering its offerings.
Will Bitcoin cross $110k soon? The Bitcoin price witnessed a more than 16% price hike in the last seven days. Thanks to that, the king of cryptos was trading at $108k with a market capitalization of over $2.14 trillion. IntoTheBlock’s data revealed that 54.17 million BTC addresses were in profit, which accounted for 100% of the total number of BTC addresses. In fact, latest data revealed that the chances of BTC price going further up are high.
The Bitcoin Rainbow Chart pointed out that the coin’s price was in the accumulation zone. This opens up an opportunity for investors to stockpile BTC at an attractive price. In fact, investors took this opportunity to accumulate in the last 24 hours. This was evident from BTC’s dropping exchange reserve—a sign of a possible price hike in the coming days.
Source: CryptoQuant Nebula Stride: A new contender that can explode While BTC inches towards the $110k mark, Nebula Stride (NST) is also making headlines. By creating user-friendly infrastructure and concentrating on the real-world economic front, Nebula Stride allows for fractional ownership of tangible assets, creating access to a multi-trillion-dollar industry that was previously only available to the affluent.
This real-world anchor could drive a substantial price surge and fuel massive investor adoption of NST—allowing the crypto and the blockchain to become one of the pioneers in the industry going forward.
Additionally, NST serves institutional funds and individual investors looking for tangible assets, which are supported by a wide-ranging ecosystem in the Real-World Assets (RWA) sector.
The token’s price, currently $0.02, holds high potential returns as the platform scales and tokenization gains traction, offering a low entry barrier with significant upside.
Key Takeaways! Latest data revealed that Bitcoin is on the right track to cross the $110k mark. In the meantime, Nebula Stride (NST) is also gearing up to become a major player in the crypto space. NST showcases its robust capabilities, which can create buzz soon. Ergo, investors shouldn’t miss out on this token, as the possibility of Nebula Stride (NST) skyrocketing are high.
Links to official resources:
Website: nebula-stride.com Presale: https://presale.nebula-stride.com Telegram: https://t.me/NebulaStrideOfficial Twitter/X: https://x.com/NebulaStridePr Discord: https://discord.com/invite/nebulastride Visit the official presale page and grab Nebula Stride!
SUI, a Layer-1 blockchain developed by Mysten Labs, continues to dominate headlines with a 5% surge in just 24 hours. This follows a consistent bullish trend and the anticipation of unlocking 2% of its total supply in February. But while SUI impresses, another contender, Nebula Stride (NST), is emerging as a game-changer poised to revolutionize how we think about crypto and real-world assets.
SUI’s Recent Price Performance and Developments SUI is at the forefront with the introduction of Mystceti V2 consensus and Remora scaling, innovations set to revolutionize blockchain efficiency by 2025. These developments aim to process up to 120,000 transactions per second, positioning SUI as a direct competitor to Solana. Additionally, privacy enhancements through zero-knowledge proofs are on the horizon, promising a more secure user experience.
The market has responded positively, with SUI hitting a new all-time high in stablecoins, up 25.78% within the last 30 days. SUI’s upward trajectory is hard to ignore.
Additionally, from $0.90 in August 2024 to an all-time high of $5.35 on Jan 06, 2025, the token has grown exponentially.
SUI has also achieved a significant milestone with 50 million accounts, solidifying its position as a leading Layer-1 blockchain. The Total Value Locked (TVL) in Sui’s ecosystem soared to $1.75 billion by December 2024, showcasing increased investor confidence and activity.
Despite retracing slightly to the current value of $4.17, recent charts show SUI printing a Hidden Bullish Divergence on the RSI, suggesting potential for continued upward movement. Analysts on X have noted SUI’s price movement mirroring Bitcoin’s during the 2017 bull market, indicating strong bullish momentum.
However, while SUI celebrates its achievements, another cryptocurrency, Nebula Stride (NST), is poised to potentially eclipse these gains with its unique proposition:
Nebula Stride (NST): Bridging the Gap Between Crypto and Real-World Assets Nebula Stride (NST) is transforming the blockchain landscape by allowing fractional ownership of tangible assets like real estate, art, and commodities. This opens up a market previously inaccessible to the average investor, potentially fueling massive adoption and price surges for NST.
Emerging as one of the top RWA tokens and early-stage cryptocurrencies, NST is priced at a mere $0.02, offering a low entry barrier with significant upside potential as the tokenization of real-world assets gains traction. The platform’s focus on user-friendly infrastructure and tangible asset investment could lead to high returns for early investors.
NST supports both institutional and individual investors through a robust ecosystem that includes asset management tools, educational platforms, and microloans. This inclusivity broadens its appeal, aiming to create one of the pioneers in the RWA sector.
Nebula Stride (NST) Tokenomics Why NST Could Outshine SUI While SUI excels in blockchain performance, NST’s focus on RWAs gives it a unique edge. Here’s why:
Broader appeal: NST’s integration with real-world assets attracts a diverse audience, including traditional investors seeking exposure to tokenized assets. Mass adoption potential: By simplifying access to high-value investments, NST can drive widespread adoption beyond the crypto community. Market disruption: Tokenizing RWAs could disrupt traditional investment sectors, unlocking new opportunities for both individual and institutional investors. Tangible utility: Unlike SUI, which primarily enhances blockchain efficiency, NST offers a direct connection to the physical economy, fostering stability and long-term growth, as one of the best new cryptocurrencies to invest in. Final Thoughts: The Road Ahead for SUI and Nebula Strides SUI’s developments in technology and expanding ecosystem, position it as a strong contender in the blockchain arena. Nevertheless, Nebula Stride’s pioneering approach of tokenizing real-world assets makes it a significant competitor for future leadership. Thanks to its affordable entry cost, adaptable infrastructure, and practical uses, NST is set to not only support but possibly surpass SUI in the cryptocurrency arena.
As the industry evolves, both SUI and NST demonstrate the immense potential of blockchain technology. While SUI sets new standards for performance and scalability, NST’s focus on bridging digital and physical assets could redefine the crypto space. Investors should keep a close eye on both projects as they navigate the exciting and rapidly changing world of blockchain innovation.
Echos, the artificial intelligence platform for agentic tokens, is shutting down.
On March 27, the AI agent platform, developed by Cosmos based liquid staking platform Stride, notified its community that operations will cease on May 1, 2025.
Echos, which launched in beta in November 2024, cited low adoption as the main reason for its closure. According to a notice posted on X, the experiment failed to gain meaningful traction, reflecting a broader slowdown in the crypto AI agent space.
“Echos was always an experiment. Unfortunately, Echos has seen little adoption. Also, the overall AI agents market has contracted significantly,” the team stated.
Echos is a Stride app built on Celestia, designed as a rollup.
From vision to sunset At launch, the Stride team envisioned Echos’ AI and memecoin focus as a potential disruptor to the future of decentralized finance. The plan was to evolve Echos from an experimental product into a full rollup ecosystem supporting various use cases within Stride’s liquid staking network.
However, a lack of user traction has brought those ambitions to an end.
The Echos team has urged all users to withdraw their funds before the platform shuts down permanently on May 1.
According to Stride, Echos drew inspiration from Terminal of Truths, the AI agent that saw the memecoin Goateus Maximus (GOAT) explode in the summer of 2024. It went on to hit $1 billion in market cap.
Terminal of Truths, a large language model platform backed by Marc Andreessen of Andreessen Horowitz, gained notoriety after shilling the GOAT token on X—an action that sent the memecoin soaring.
Stride’s vision for Echos was to create a similar AI experience, allowing anyone to launch their own Echo using just a crypto wallet and X account.
While Echos failed to go beyond the first phase of its development, the AI agent sector has since seen several notable projects. Some of the top trending ones include Virtuals Protocol, ai16z, Freysa AI and Delysium.
The Interchain Foundation has announced an investment in Stride to support the development of Stride Swap, a new decentralized exchange (DEX) built natively on the Cosmos Hub
The Interchain Foundation has announced an investment in Stride to support the development of Stride Swap, a new decentralized exchange (DEX) built natively on the Cosmos Hub. Stride Swap is designed to leverage the Inter-Blockchain Communication (IBC) protocol, specifically optimized for the Cosmos Hub's IBC Eureka upgrade. This upgrade enables multichain swaps, allowing Stride Swap to serve as a liquidity engine and bridge swap solution within the Cosmos Hub's decentralized finance (DeFi) ecosystem. The initiative marks a new phase for Stride, positioning it as a key player in expanding IBC-enabled DeFi functionalities on the Cosmos network.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Strategy, formerly MicroStrategy (MSTR), has announced plans to issue 2.5 million shares of 10% Series A Perpetual Stride Preferred Stock (STRD) to raise funds to expand its Bitcoin holdings and support working capital.
The company aims to raise approximately $250 million from this initial public offering (IPO), based on an initial liquidation preference of $100 per share. Meanwhile, other firms are also advancing Bitcoin treasury initiatives across the globe.
Strategy Plans Major IPO to Raise Funds for Bitcoin Expansion According to Strategy’s official announcement, the offering targets institutional and select non-institutional investors. Holders are eligible for non-cumulative dividends, paid quarterly if declared, at a 10% annual rate.
“Strategy will have the right, at its election, to redeem all, but not less than all, of the STRD Stock, at any time, for cash if the total number of shares of all STRD Stock then outstanding is less than 25% of the total number of shares of STRD Stock originally issued in the offering and in any future offering, taken together,” the statement read.
The offering plan follows Strategy’s latest acquisition of 705 BTC for around $75.1 million yesterday. SaylorTracker data shows that the firm holds 580,955 BTC, valued at over $60 billion.
Strategy’s move comes amid a wave of corporate cryptocurrency adoption. On June 2, Hong Kong-based Reitar Logtech Holdings Limited (RITR), a logistics solutions provider, revealed that it is in advanced negotiations to create a strategic Bitcoin treasury. The initiative aims to purchase up to 15,000 BTC, valued at approximately $1.5 billion.
“Management believes this treasury diversification could provide several strategic benefits including enhanced financial resilience through allocation to a non-correlated digital asset, increased financial flexibility for future strategic acquisitions in logistics technology and automation platforms, and positioning for expansion in high-growth Asian markets where demand for smart logistics infrastructure continues to increase,” the filing read.
Similarly, the Norwegian Block Exchange (NBX) made history as Norway’s first listed company to adopt Bitcoin as a treasury asset. The company has acquired 6 Bitcoin and aims to raise its holdings to 10 BTC by June.
In Russia, Sberbank, the country’s largest bank, launched structured bonds tied to Bitcoin. This product is available to a limited group of qualified investors in the over-the-counter market.
Beyond Bitcoin, other digital assets are also gaining traction. BTCS, a blockchain tech firm, acquired 1,000 ETH, bringing its Ethereum holdings to 13,500 ETH.
“Ethereum remains at the core of our blockchain infrastructure strategy. Our expanding ETH position is not simply a treasury play-it’s a strategic byproduct of our NodeOps and high-growth Builder+ activities. We are focused on building highly scalable, revenue-generating infrastructure,” CEO Charles Allen said.
Meanwhile, Classover, an edtech company, is focusing on building a Solana (SOL) treasury reserve. The company previously bought 6,472 SOL for approximately $1.05 million.
Now, it has entered into an agreement to issue up to $500 million in senior secured convertible notes, with an initial $11 million funding set to close soon. A significant portion of the proceeds, up to 80%, will be allocated to purchasing SOL.
These developments reflect a broader shift among corporations to diversify treasury assets with cryptocurrencies.
The STRD offering marks the company's third preferred instrument as it continues building a structured and diversified capital stack anchored in Bitcoin exposure.
STRD delivers a fixed 10% dividend with perpetual duration and ranks below Strategy's senior preferred instrument (NASDAQ:STRF), but above the firm's common equity.
It is structured to sit at the riskier end of the firm's yield curve but compensates investors with its highest payout to date among Strategy's preferred options.
Unlike (NASDAQ:STRF), which prioritizes capital preservation and mimics the risk profile of investment-grade fixed income, STRD is intended for investors seeking higher returns despite increased subordination.
Meanwhile, Strategy's other product STRK (NASDAQ:STRK) offers an 8% dividend and the added benefit of convertibility, placing it squarely between STRF and STRD in terms of both yield and risk.
Strategy's common stock MSTR remains the base layer of its capital stack, functioning as the firm's core vehicle for leveraged Bitcoin exposure.
The STRD issuance is non-callable in typical market conditions, though it may be repurchased if certain events occur, such as a major corporate restructuring or tax-related change.
Also Read: Michael Saylor’s Strategy To Outperform Bitcoin? Here’s How It Could Happen
Dividends will be distributed quarterly, in cash, but only at the discretion of the board.
The firm claims STRD compares favorably to other high-yield investment vehicles on the market.
This new product aligns with Strategy's broader push to merge structured financial instruments with crypto exposure.
The goal: deliver yield, diversification and exposure to digital assets in formats that fit traditional investment portfolios.
According to the company, the launch of STRD further extends its commitment to modernizing capital formation strategies using a layered and yield-tiered approach rooted in both crypto conviction and financial discipline.
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On June 3, 2025, Strategy (formerly known as MicroStrategy) introduced a new perpetual called Stride (STRD). The stock will allow investors to get a 10% yield from Bitcoin without buying it directly, while Strategy will get cash to buy more Bitcoin. The new stock received a mixed reception from the crypto community.
What is Stride? Following the release of Strife and Strike, Strategy introduced a new preferred stock offering, Series A Preferred Stock Stride (STRD). Stride is a 10% noncallable non-cumulative perpetual. Its fixed dividend of 10% is above Strike’s 8% dividend, but has a lower seniority if compared to Strife, which has a 10% dividend too.
Stride is a significant addition to Strategy’s so-called three-piston Bitcoin engine, conceived of common stock MSTR and two other preferred stocks, Strike (STRK) and Strife (STRF). This engine was supposed to ensure maximizing Strategy’s profits by playing with Bitcoin’s scarcity and volatility. Seemingly, Strategy found a way to improve this engine by supplementing it with a fourth element.
Stride is fee-free and has a higher yield than most ETFs. This makes it attractive for long-term investors. Stride may be repurchased if the fundamental change takes place or for taxes-related purposes. STRD dividends are discretionary and are paid when the Strategy board makes a declaration.
What are the concerns? The new stock offering was perceived as proof of Strategy’s troubled state by some on the Crypto Twitter. Critics believe that the company is running out of cash and trying to find a way to make quick money.
More than that, CEO and co-founder of CoinBureau, Nic Puckrin, took to X to ask questions regarding the Stride offering. He is interested in the origin of the funds needed to pay dividends, assumes that the new perpetual may dilute common stock if the latter is used to fund STRD, and asks if there is a risk that Strategy will have to sell Bitcoin if the equity is not sold. On top of that, while not saying “Ponzi Scheme,” Puckrin questioned whether it is a good idea to pay current investors with funds taken from future investors. A Bitcoin enthusiast, Shanaka Anslem Perera, responding to these questions via an X post, claimed the offering has clear Ponzi vibes.
The $4.22 billion net loss admitted by Strategy in the first quarter of 2025 only fuels skepticism. If Strategy dumps MSTR stock to fund dividends for STRD investors, it creates tension within the Bitcoin engine and potentially hurts MSTR stock investors.
Why do some say Stride is a genius move? At a current Bitcoin price of over $100,000, Strategy’s $8+ billion debt is not considered a problem. According to Goldman Sachs, investors will stop investing in Strategy only if, by 2027, the BTC price declines by half. That’s why there are many optimistic comments from people who don’t see Stride stock offering as a sign of the inability of Strategy to gain cash for purchasing more Bitcoin or pay off its debt.
Adam Livingston, MSTR investor and author of The Bitcoin Age and The Great Harvest, posted a series of tweets explaining the genius behind the new stock. However, it’s notable how he emphasizes how good the move is for Michael Saylor, co-founder and chairman of Strategy. Livingston puts it that way:
“Saylor gets cheap capital, no dilution, optional payments, and can nuke it whenever he wants.”
Livingston claims that yield serves as a disguise for Bitcoin accumulation. He points out that Strategy will not be obliged to pay dividends if things are getting out of hand and argues that STRD doesn’t dilute the float.
According to him, the new stock is not for bitcoiners, but rather for people who feel reluctant to own Bitcoin but want to yield on BTC. Institutional allocators and pension funds may find STRD interesting, too.
Livingston outlines that STRD offering is a 10% yield for the more TradFi people, while the Bitcoin veterans will rather see it as cheap capital to reduce the market supply. Earlier, Livingstone claimed that Strategy is rewriting Bitcoin’s scarcity, creating a synthetic halving. Although these financial equilibristics raise questions about Bitcoin’s decentralization and the original anti-Wallet Street ethos, it seems that from Michael Saylor’s standpoint, Strategy just cemented its status even better.
Strategy raised $979.7M by pricing 11.76M STRD shares at $85 each. STRD offers a fixed 10% non-cumulative dividend with no conversion option. Strategy (formerly MicroStrategy) has expanded its preferred stock offering to raise nearly $1 billion for additional Bitcoin acquisitions. The firm priced 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD) at $85 each, with an estimated $979.7 million in net proceeds.
Initially targeting $250 million, the Strategy significantly increased the offering in response to investor interest. The STRD shares will settle on June 10, pending standard closing conditions. This marks the third preferred stock product from Strategy in 2025, following STRK and STRF.
Unlike STRF, which offers a 10% cumulative dividend, and STRK, which pays 8% with a conversion option, STRD delivers a fixed 10% non-cumulative dividend. Therefore, missed payments on STRD won’t accrue. Also, unlike STRK, STRD cannot convert to common shares.
Strategy’s $1B STRD Move Fuels Bitcoin Push Michael Saylor, Strategy’s executive chairman, described STRD as the “fourth gear” in the company’s “Bitcoin engine.” According to him, the offering adds a high-yield credit product with limited Bitcoin price sensitivity.
The proceeds will fund general corporate activities, primarily Bitcoin purchases. On June 1, Strategy added 705 BTC for around $75.1 million using proceeds from prior STRK and STRF ATM sales. The firm now holds 580,955 BTC, worth over $60 billion, at an average price of $70,023.
Strategy tapped major financial institutions like Morgan Stanley, Barclays, and TD Securities to manage the STRD offering. The stock is listed on the Nasdaq, ensuring public investor access.
Previously, the company has acquired 4,020 BTC for $427.1 million between May 19 and May 25. However, recent activity suggests a slower pace of accumulation. Analysts at K33 noted reduced momentum, citing MSTR’s narrowing premium and increasing competition in Bitcoin treasury strategies.
Strategy’s shares rose 2.6% in early trading, reaching $378.26. Bitcoin currently trades at $104,638, showing signs of stability following a recent dip. With STRD, Strategy aims to maintain its lead in institutional Bitcoin adoption.
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The world’s largest corporate Bitcoin (BTC) holder is announcing a new stock offering worth hundreds of millions of dollars as a means of accumulating more of the crypto king.
In a new press release, Strategy, formerly known as MicroStrategy, is announcing the stock offering of 11.764 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD Stock) for $85.00 per share.
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Strategy estimates that it will acquire about $980 million from the offering, which may give investors quarterly dividends, and intends to use the money for miscellaneous corporate expenses and to acquire more of the top crypto asset by market cap.
Preferred stock offerings, which offer investors higher and more consistent returns as well as stability, are a way for companies to raise funds without weakening their voting rights.
Strategy – which was co-founded by former chief executive and longtime BTC maxi Michael Saylor – currently holds 580,955 Bitcoin worth just over $60.5 billion at time of writing, coming in at an average cost basis of $40,680 per token, according to data from BTC tracking website BitcoinTreasuries.
The data also shows that Strategy currently holds about 2.7% of Bitcoin’s total supply.
Last month, Saylor announced that Strategy doubled the amount of capital it wants to accumulate to purchase more of the flagship digital asset from $42 billion to $84 billion.
Bitcoin is trading for $104,540 at time of writing, a 2.1% rise during the last 24 hours.
Strategy has announced plans to raise up to $4.2 billion through sales of its 10.00% Series A Perpetual Stride Preferred Stock (STRD) to fund additional Bitcoin purchases, marking another major capital raise as institutional Bitcoin adoption accelerates.
According to a company filing on July 7, the at-the-market (ATM) program will allow Strategy to sell STRD shares over an extended period, with proceeds earmarked for Bitcoin acquisition and general corporate purposes. The announcement comes as the firm reported $14.05 billion in unrealized gains for Q2 2025.
“The institutional landscape has fundamentally transformed. From Strategy’s 597,325 BTC holdings to Metaplanet’s 15,555 BTC and Deutsche Bank’s custody plans, we’re seeing unprecedented institutional engagement across markets.
Strategy raised $6.8 billion through various capital markets activities in Q2, including preferred stock offerings and common stock sales. The company maintains significant capacity for future issuances, with $18.1 billion remaining under its 2025 Common ATM, $20.5 billion under STRK ATM, and $1.9 billion under STRF ATM.
The STRD offering represents Strategy’s fourth gear in its Bitcoin acquisition engine, according to Chairman Michael Saylor, targeting yield-focused investors seeking high returns with collateral coverage. The company previously raised nearly $1 billion through STRD sales in early June.
Strategy’s disciplined approach to capital raising has created a blueprint for institutional Bitcoin adoption. Their multi-instrument strategy allows various investor types to gain Bitcoin exposure while funding continued accumulation.
Strategy now holds more than 2.8% of Bitcoin’s total supply, with its holdings valued at approximately $65 billion. The firm’s shares traded down 0.58% while writing this article, as Bitcoin held near $108,000.
Vivek Sen
Vivek has been fascinated by Bitcoin since he discovered it in 2016. He also runs a Bitcoin marketing agency, Bitgrow Lab, and he used to work at a Bitcoin VC fund, Lightning Ventures. He loves growth, marketing, startups, and writing. He is an EU news reporter for Bitcoin Magazine.
Strategy announced on Monday that it entered a $4.2 billion at-the-market (ATM) offering for its Series A Perpetual Stride Preferred Stock (STRD) after breaking its three-month Bitcoin (BTC) accumulation streak last week. This comes at a time when spot BTC demand has dropped despite increasing treasury allocations and continued BTC exchange-traded funds (ETF) inflows.
Strategy paused its nearly three-month Bitcoin buying streak, which began on April 14, as the firm did not announce any new acquisition last week, according to a Monday filing with the SEC. During this period, Strategy purchased over 69,000 BTC for nearly $7 billion, boosting its holdings to 597,325 BTC, valued at over $65 billion. This accounts for more than 2.8% of Bitcoin's total supply of 21 million BTC.
The firm also revealed it entered a sales agreement to issue up to $4.2 billion of its STRD stock, which it intends to use to resume its Bitcoin purchases.
Strategy's newly disclosed acquisition plan comes as Bitcoin ETFs continued their inflow run last week, netting $790 million, according to a report from CoinShares on Monday. However, the figure declined from the prior three weeks' average of $1.5 billion, potentially signaling a slowdown in demand as BTC edged closer to its all-time high price, the report states.
Despite steady Bitcoin ETF inflows and strong buying from treasury companies, spot demand for Bitcoin has slowed in recent weeks. The decline can be traced to a slowdown in market sentiment, keeping BTC caught between bullish speculation and short-term uncertainty, according to Shawn Young, Chief Analyst at crypto exchange MEXC.
"This market dynamics is weighing heavily on market sentiment," Young said in a note, highlighting macroeconomic instability as a major cause for the volatility. He predicts that the upcoming Crypto Week could serve as a catalyst for renewed demand in Bitcoin and potentially trigger a push toward new highs. "Market participants would seek a favorable market vantage position in anticipation of the new policy direction for digital assets," he added.
QCP analysts highlighted that strategic weekend accumulation by firms such as Metaplanet has helped sustain Bitcoin's price despite fears triggered by the sudden activity of eight previously dormant wallets that transferred roughly $8.5 billion worth of BTC on Saturday. However, they anticipate a bullish Q3 based on dynamics from the BTC options market.
"Volumes remain pinned near historical lows, but a decisive breach of the $110k resistance could spark a renewed volatility bid. Some larger players appear to be positioning for just that," wrote QCP analysts. "They are continuing to add exposure to September $130k calls, while steadfastly holding September $115/$140k call spreads, underscoring a structurally bullish Q3 outlook."
Bitcoin is changing hands just above $108,000, down nearly 1% over the past 24 hours at the time of publication.
On Jul. 21, 2025, Strategy offered yet another perpetual preferred stock. It’s called Stretch. It was introduced less than two months after the launch of another Strategy’s perpetual, Stride. Two other perpetuals are Strike and Strife, launched in January and March, respectively. It’s important to realize how different these stocks are and what their differences are from Strategy’s common stock, MSTR.
Summary
Stretch is the latest of the four preferred stocks issued by Strategy this year It is the first Strategy stock with monthly dividend payouts In the event of a financial shakedown in Strategy, payouts will be sent to bondholders first, then to preferred stockholders, and finally to the common stock (MSTR) owners Stretch, Stride, Strike, and Strife are the preferred stocks launched to facilitate Strategy’s long-term Bitcoin acquisition. The company has ambitious plans to gather $84 billion in two years. Dare bets aim to impress potential investors and attract more capital while creating additional burdens, as the company should pay dividends to the holders of preferred shares.
Preferred stocks usually don’t grant holders voting rights or limit them. Preferred stocks give holders a share in the company and the right to earn from the company’s capital. These stocks are reminiscent of bonds as owners get dividends for the shares held. More than that, in the event of bankruptcy of the company, holders of preferred stock are paid before common stockholders. However, its bondholders have a top priority in such situations.
While some of the investors met the new asset with interest, others saw it as “a stretch.” Critics consider Strategy shares to be risky. The company needs to keep the dividend payments in a precise and timely manner. The more preferred shares the company offers to raise money, the more dividends it must pay. It increases the pressure on its balance sheets that tightly depend on the Bitcoin price.
STRC is a USD pegged security that offers a high yield, backed by the BTC held by MicroStrategy
If you haven't realized yet, this is very similar to when Anchor protocol offered 20% yield on Terra Luna's UST
Steady lads, deploying more ATM sales https://t.co/zoAqlkQsmx
— Pledditor (@Pledditor) July 22, 2025 Stretch Initially, Strategy offered $500 million worth of Stretch (STRC) on Jul. 21, 2025. On Jul. 25, the offering was elevated to $2.5 billion. The company offered around 28 million STRC shares. Timing of the Stretch launch indirectly confirms it as on Jul. 29. Strategy bought 21,021 BTC, spending a whopping $2.46 billion on it.
The new Series A Stretch perpetual stock offers adjustable 9% annual dividend payouts. Dividends are paid once every month. It makes STRC unique as dividends for the rest of the preferred shares are paid out quarterly. The company is adjusting the stock price, aiming to keep the stock’s price around $100. Other features include the at-the-market issuance (meaning that Strategy can always sell more STRC, diluting the asset) and the call option feature.
Stride Stride (STRD) was offered on June 3. Unlike Stretch, Stride is a noncallable perpetual stock. It has an annual 10% dividend paid once in a quarter. Just like STRC and STRK, Stride has an ATM program, and Strategy can always sell more STRD shares.
Just like Stretch these days, the emergence of Stride was met ambiguously as critics were warning about the possibility that Strategy may have to sell its Bitcoin holdings to pay dividends to its shareholders. Some even claimed STRD has “Ponzi vibes” as money raised through MSTR sales may be used to pay dividends to the holders of the preferred stock.
Strike Strike (STRK) was the first of Strategy’s preferred perpetuals with 8% annual dividend payouts. The offering took place in early January 2025 when the company offered 2.5 million STRK shares. Strike shares are convertible. Investors may convert them to Strategy’s common stock, MSTR, at a 10:1 ratio whenever they wish.
Strife In March 2025, Strategy started selling 8.5 million Strife shares (STRF). STRF shares grant holders 10% annual dividends paid quarterly. The dividend payment may rise, reaching up to 18%. As Strife has no ATM program, Strategy cannot release more STRF shares to the market.
MSTR common stock MSTR common stock appeared long before the Bitcoin pivot of MicroStrategy and even before the creation of Bitcoin itself. The company sold 36 million MSTR back in 1998. MSTR stockholders are partial owners of Strategy.
Vanguard Group Inc., Capital International Investors, and BlackRock Inc. are the biggest holders of MSTR common stock. They hold between five and 7.8 percent of MSTR.
Who gets compensated first? In the event that Strategy is facing financial problems and has to sell its Bitcoin reserves, the first people to get payments will be Strategy’s bondholders. Then, the payouts will hit the pockets of the preferred stockholders. The seniority of these stocks determines the priority among them. The first ones will be Strife holders, then Stretch holders, Strike holders, and finally Stride holders. The last in line will be MSTR holders. MSTR may have the biggest correlation with BTC prices, but the holders risk more than the holders of the preferred stock.
Oversimplified. But if MSTR doesn’t take action when the price hits that range, it could cause serious issues.
— Ki Young Ju (@ki_young_ju) December 17, 2024 While Strategy is using a sophisticated system to protect its assets if the BTC price volatility increases, there is a risk that, as soon as weaker Bitcoin treasuries start to go bankrupt, it may cause panic that will end up harming Strategy investors’ well-being as well, so it’s always important to get prepared for possible turbulence beforehand.
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PANews reported on August 6th that Stride, the Cosmos ecosystem's liquidity staking protocol, announced on the X platform that following Cosmos' cancellation of its EVM plan, the Stride team has reached a settlement with the other party, settling related obligations and extending the project's operating funding. Existing liquidity staking operations will continue to operate normally, and related revenue will continue to be used to repurchase and burn STRD in the secondary market. Stride plans to explore new revenue-generating product lines outside of the Cosmos ecosystem during August and will announce more information once substantial progress is made.
The Solana Foundation has unveiled a series of new initiatives aimed at strengthening the security of decentralized finance (DeFi) platforms running on its network. These efforts come in the wake of a recent major cyberattack on the Drift Protocol, attributed to a North Korea-linked group, which resulted in the theft of $270 million. The incidents have highlighted the urgent need for more robust safeguards across the ecosystem.
Comprehensive audits with Stride and SIRNAt the heart of the Foundation’s efforts is the newly launched Stride program, which is managed by Asymmetric Research. Stride will subject DeFi protocols on Solana to assessments across eight core security domains, with the findings to be made publicly available. Alongside Stride, the Foundation has established the Solana Incident Response Network (SIRN)—a members-only group composed of security specialists designed for real-time crisis intervention. Together, these initiatives seek to increase transparency and provide rapid response capabilities across the Solana DeFi landscape.
The necessity for such measures became evident following the Drift attack, which exposed several security shortfalls. However, investigations have clarified that the breach did not directly compromise smart contracts or audited code. Instead, the attackers focused on human vulnerabilities, infiltrating the system through malicious software and social engineering tactics targeting project team members over a six-month period.
For protocols with more than $10 million in total value locked (TVL) that successfully meet the Stride assessment criteria, ongoing operational cybersecurity monitoring will be provided. The level of monitoring and support will be tailored based on the individual risk profiles of each protocol, reflecting both their asset size and security needs.
Formal verification and operational supportIn the case of protocols managing over $100 million in TVL, the Foundation will lend support for formal verification processes. This advanced method systematically checks all potential smart contract operations using mathematical models, with the aim of ensuring code correctness and reliability before deployment. Such rigorous verification provides added confidence in the underlying smart contracts that form the backbone of leading DeFi protocols.
The founding members of the Stride program include not only Asymmetric Research, but also security firms OtterSec, Neodyme, Squads, and ZeroShadow. The SIRN network, meanwhile, is open to participation from any project within the Solana ecosystem. Nevertheless, in terms of resource allocation, priority will be given to protocols with higher value locked to help mitigate the risk to the most critical infrastructure.
Despite the advanced nature of formal verification, experts caution that it would not have detected the recent attack attributed to North Korean hackers. The breach allowed attackers to access administrative privileges via compromised devices belonging to team members, enabling them to authorize malicious transactions. This type of infiltration typically falls outside the scope of traditional monitoring mechanisms.
On another front, SIRN is expected to significantly improve response times to future incidents. Blockchain security researcher ZachXBT emphasized that Circle Internet, the issuer of the USDC stablecoin, faced criticism for waiting over six hours before freezing more than $230 million in stolen assets following the Drift incident, suggesting the need for swifter action during emergencies.
The Solana Foundation highlighted that these new programs are not meant to shift primary security responsibilities away from protocol teams, who remain accountable for their own safeguards. To bolster these efforts, a suite of free security tools has been developed for Solana developers, assisting them in threat detection and conducting attack simulations to stay proactive in a rapidly evolving threat landscape.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
