CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Coinpaprika 2025-02-17 07:26:08

Strategy’s STRK Becomes Top US-Listed Security in Two Weeks

Strategy’s STRK has quickly become the top-performing US-listed perpetual security since 2022, making a strong market debut. In just two weeks, it has outpaced all similar offerings in both price performance and liquidity. Initially soaring to $100 before settling at $48, STRK continues to trade at volumes seven times higher than the average for comparable securities. On February 15, MicroStrategy founder Michael Saylor highlighted STRK’s rapid rise, emphasizing its strong demand. He noted that, out of 115 preferred securities listed in the US since 2022, STRK ranked first in price gains and volume. According to data, it rose 1.3% on its first day, gained 8% in its first week, and ended its second week 17.6% higher , outperforming competitors by nearly 19%. The surge in interest reflects investor confidence, despite price fluctuations. STRK peaked at $100 on launch day before dropping to $52 within a week and later stabilizing at $48. Strategy introduced STRK on January 27 to raise capital for Bitcoin purchases, surpassing expectations by securing $563.4 million—nearly three times the initial target. Meanwhile, Bitcoin’s biggest advocates, Michael Saylor and Nayib Bukele , recently met at El Salvador’s presidential palace to discuss Bitcoin’s global expansion. Saylor revealed that their conversation focused on increasing adoption, positioning El Salvador as a key player in the crypto industry. Following the meeting, speculation arose about Strategy potentially moving its headquarters to El Salvador, a move similar to Tether’s recent shift. However, this remains unlikely as the company maintains a strong US presence, where regulatory conditions are improving. Under Bukele’s leadership, El Salvador has established itself as a major Bitcoin holder, while Strategy remains the largest corporate investor in BTC. According to Bitcoin Treasuries data, Strategy holds 478,740 BTC , while El Salvador’s national reserve currently holds 6,079 BTC.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.