The Strategy Convertible Preferred Stock (STRK) will be listed on Nasdaq this Thursday.

BlockBeats News, February 6th, Strategy (formerly MicroStrategy) announced at its fourth-quarter earnings call on February 6th that its convertible preferred stock, STRK, will be listed on NASDAQ this Thursday. The earnings report showed that the company had a loss of $3.03 per share in the fourth quarter, attributed to a $1 billion impairment loss due to the non-adoption of FASB accounting standards. The company stated that it will adopt the new standards starting this quarter.

Under the new performance metrics, Strategy aims to achieve $10 billion in Bitcoin revenue by 2025, with $1.24 billion already achieved. The company has set a Bitcoin yield target of 15%, with the current yield at 2.9%.

On the financing side, the company has utilized $17 billion of the $21 billion ATM (At-The-Market) stock issuance capacity, with its stock issuance volume accounting for only 2.9% of the cumulative trading volume, peaking at 7% during the week of November 11-15.

BlockBeats previously reported that on January 27th, MicroStrategy announced its plan to publicly issue 2.5 million new shares of convertible preferred stock, STRK, available for purchase by institutional investors and some retail investors, subject to market and other conditions.