MicroStrategy (MSTR) has officially debuted its latest bitcoin-backed security, known as STRD, on Nasdaq. The Series A Perpetual Stride Preferred Stock (STRD) offers an attractive yield of 10%. The stock made a debut on Wednesday and closed the session with a modest gain of 0.24%. This innovative financial product reflects MicroStrategy’s commitment to integrating Bitcoin into traditional finance, appealing to investors seeking new opportunities in cryptocurrencies.