According to a report by Jinse Finance, CoinDesk analyst James Van Straten pointed out that Strategy (MSTR) has raised approximately $5.6 billion this year through the issuance of a series of preferred stocks including STRK, STRF, STRD, and STRC, accounting for 12% of all IPOs (preferred or common stock) in the United States. However, the performance of these preferred stocks has varied, with STRF leading with a return rate of 31%, followed by STRK at 19% and STRC at 8%, while STRD has a return rate of -6%. Additionally, MSTR's stock price has risen 13% so far this year, which is lower than Bitcoin's 18% rise.