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![AdamBLiv Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1881193918206758912.png) Adam Livingston [@AdamBLiv](/creator/twitter/AdamBLiv) on x 47.1K followers
Created: 2025-06-02 21:14:17 UTC

THE $STRD PLAY: HOW @Saylor Just Invented A BITCOIN-PREFERRED CAPITAL ARMORY

While Wall Street is still fumbling around with their little ETFs, Saylor just quietly dropped the most sophisticated Bitcoin capital instrument yet: STRD.

It’s not equity.
It’s not debt.
It’s PERPETUAL PREFERRED.

This is elite-level financial engineering.

🧵 Let's break it down:

![](https://pbs.twimg.com/media/Gsd6xQ0XcAAwbL4.png)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1929647782824235329/c:line.svg)

**Related Topics**
[debt](/topic/debt)
[strd](/topic/strd)
[wall street](/topic/wall-street)
[saylor](/topic/saylor)
[$strd](/topic/$strd)
[coins layer 1](/topic/coins-layer-1)
[coins inj](/topic/coins-inj)
[coins liquid staking tokens](/topic/coins-liquid-staking-tokens)

[Post Link](https://x.com/AdamBLiv/status/1929647782824235329)