Strategy's STRC Preferred Stock Reaches $10.5 Billion Market Cap

Strategy's tradable preferred stock, STRC, has achieved a market capitalization of $10.5 billion within 10 months, according to CEO Phong Le. This milestone makes STRC the largest tradable preferred stock globally, with a market size more than double that of the second-largest, Wells Fargo's WFC/PL, which stands at approximately $4.7 billion.