Overview

• Robinhood began offering trading in four Strategy preferred classes on October 2, with CEO Vlad Tenev confirming the move on X the following day, according to CoinDesk.
• The listing represents a policy shift because Robinhood’s website says preferred stocks are unsupported, CoinDesk reported.
• The four classes carry distinct features as described in trade coverage, with STRC targeting stable monthly payouts, STRD using a non‑cumulative structure with flexible dividends, STRF offering high‑yield cumulative returns with deferred compounding, and STRK combining cumulative dividends with convertibility.
• CoinDesk reports the preferred program gives Strategy an alternative way to raise capital for bitcoin purchases without issuing additional common stock.
• Trade press characterizes the move as expanding retail access to bitcoin‑linked structured yield products, though details rely on issuer statements and platform announcements rather than independent verification.