Tokens Tracking Strategy’s MSTR and STRC Total $479.3 Million

Tokenized products tracking Strategy’s Class A common stock (MSTR) and Stretch perpetual preferred stock (STRC) had a combined market capitalization of $479.3 million in an Oct. 28 update, up 3,516.5% from a year earlier. The measure reflects the value of those products, not Strategy’s own market capitalization or capital raised by the company. The update was posted at 1:33 p.m. ET (17:33 UTC). MSTR is Strategy’s common stock, while STRC is a Nasdaq-listed perpetual preferred stock. The two securities have different structures, and the combined figure covers tokens linked to both.

Source: TokenPost