Strive's Preferred Capital Model: Over 8 Billion Dollars in Debt

Strive Raises Bid Above 150 Million Dollars

Strive has raised its repeated bid above 150 million dollars and priced the perpetual preferred equity at 90 dollars. This structure eliminates refinancing risk by offering perpetual equity capital instead of fixed-term convertibles.

Strategy's 3 Billion Dollar Convertible Maturity

Strategy has a 3 billion dollar convertible tranche maturing in June 2028. This tranche has a conversion price of 672.40 dollars. It seems possible to manage this situation with a similar preferred equity approach.