PREFERRED STOCK

Strive, a financial firm launched in 2022, is aiming to gather up to $150 million by selling special shares called Variable Rate Series A Perpetual Preferred Stock, labeled SATA. This money will be used to pay off some of its debts and buy more Bitcoin. The company has a subsidiary called Semler Sc

The Pentagon made a clever choice recently. Instead of buying common stock in L3Harris Technologies, it opted for something more strategic. It invested in a new, independent missile solutions business. This wasn't just any investment. It was a $1 billion bet on preferred stock. This type of stock gi