Odaily Planet Daily reports that Bitcoin Treasury company’s Strategy subsidiary’s perpetual preferred stock Stretch (STRC) has become the fourth largest holding in the BlackRock iShares preferred stock and income securities ETF(PPF ETF), with an allocation of $210 million. The ETF also holds several other Strategy preferred stocks, totaling approximately $380 million, including:
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$97.5 million, accounting for 0.69%, in Strife (STRF);
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$90 million, accounting for 0.64%, in MSTR common stock;
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$73 million, accounting for 0.51%, in Stride (STRD). (CoinDesk)
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