Strategy's Bitcoin-Backed Preferreds Yield ~10%, Solana Treasury Preferred Pays 13%
- —Strategy's bitcoin-backed preferreds yield about 10%
- —A Solana treasury company's preferreds pay 13%
- —The 3-point gap reflects a risk premium for the Solana strategy
Why it matters: A growing crop of crypto treasury companies issuing preferred stock is creating a new class of yield instruments for investors.
Source: Google News (crypto query)