[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Dylan LeClair [@DylanLeClair_](/creator/twitter/DylanLeClair_) on x 420.1K followers Created: 2025-07-21 20:32:07 UTC $MSTR Debuts $STRC: $500M Variable-Rate Perpetual Preferred $XXX par, X% initial yield, monthly variable dividend w/ SOFR floor & 25bps max cut, ratcheting liquidation preference (greater of par, 10-day VWAP, or last trade).  XXXXXXX engagements  **Related Topics** [mstr](/topic/mstr) [chapter 11](/topic/chapter-11) [$500m](/topic/$500m) [$strc](/topic/$strc) [$mstr](/topic/$mstr) [strategy](/topic/strategy) [stocks financial services](/topic/stocks-financial-services) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/DylanLeClair_/status/1947394177068609640)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Dylan LeClair @DylanLeClair_ on x 420.1K followers
Created: 2025-07-21 20:32:07 UTC
$MSTR Debuts $STRC: $500M Variable-Rate Perpetual Preferred
$XXX par, X% initial yield, monthly variable dividend w/ SOFR floor & 25bps max cut, ratcheting liquidation preference (greater of par, 10-day VWAP, or last trade).
XXXXXXX engagements
Related Topics mstr chapter 11 $500m $strc $mstr strategy stocks financial services stocks technology
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