Strategy's convertible preferred stock, Strike (STRK), is set to list on the Nasdaq, as announced during the company's earnings presentation. The company aims for a substantial 2025 bitcoin gain of $10 billion and a bitcoin yield of 15%. However, they faced a $1 billion impairment loss due to not adhering to the Financial Accounting Standards Board (FASB) rules, which they plan to adopt this quarter. In the current year, Strategy has achieved a bitcoin gain of $1.24 billion, with a yield year-to-date of 2.9%. The earnings report indicated that Strategy has utilized approximately $17 billion out of a $21 billion at-the-market equity program. During a peak trading period from November 11-15, the company's share sales accounted for 7% of the total trading volume. Shares of Strategy saw a 1.3% increase in pre-market trading following the news.

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