STRK Soars: Top US Perpetual Security in 2022

Strategy's STRK has swiftly emerged as the top-performing US-listed perpetual security since 2022, making a strong market debut. In just two weeks, it has surpassed all similar offerings in both price performance and liquidity. Initially soaring to $100 before settling at $48, STRK continues to trade at volumes seven times higher than the average for comparable securities.

On February 15, MicroStrategy founder Michael Saylor highlighted STRK's rapid rise, emphasizing its strong demand. He noted that, out of 115 preferred securities listed in the US since 2022, STRK ranked first in price gains and volume. According to data, it rose 1.3% on its first day, gained 8% in its first week, and ended its second week 17.6% higher, outperforming competitors by nearly 19%.

The surge in interest reflects investor confidence, despite price fluctuations. STRK peaked at $100 on launch day before dropping to $52 within a week and later stabilizing at $48. Strategy introduced STRK on January 27 to raise capital for Bitcoin purchases, surpassing expectations by securing $563.4 million—nearly three times the initial target.

Meanwhile, Bitcoin's biggest advocates, Michael Saylor and Nayib Bukele, recently met at El Salvador's presidential palace to discuss Bitcoin's global expansion. Saylor revealed that their conversation focused on increasing adoption, positioning El Salvador as a key player in the crypto industry.