MicroStrategy has launched its third Bitcoin-backed preferred stock, $STRD, on the Nasdaq exchange. This new financial product offers fixed income secured by Bitcoin, marking a significant move in integrating cryptocurrency with traditional financial markets. CEO Michael Saylor aims to disrupt the $300 trillion fixed income market with this innovative offering, potentially drawing more investors to Bitcoin-backed securities.
MicroStrategy's Bitcoin-Backed $STRD Stock Debuts on Nasdaq
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