币界网报道：MicroStrategy has launched a new financial instrument, STRD, a Bitcoin-backed preferred stock offering a 10% yield. The company aims to attract investors seeking exposure to Bitcoin while earning fixed returns. STRD will be collateralized by MicroStrategy's substantial Bitcoin holdings, currently valued at over $5 billion. This move represents an innovative approach to combining traditional equity structures with cryptocurrency assets. The offering is part of MicroStrategy's broader strategy to promote Bitcoin adoption in institutional finance. Analysts suggest this could set a precedent for other crypto-related companies to create similar yield-generating products. The stock will trade on Nasdaq under the ticker "STRD" with quarterly dividend payments.