98.773+1.62%Difference +1.577

Price: mark price · perpetual futures / vs. 24h earlier / / Saved / stale

Five daily saved mark prices, 2026-10-15 to 2026-10-19 / Low 97.059 · High 99.172

Price-discovery chart

Solid line = the referenced cash market is in session / dotted line = outside the session (overnight and weekends); both show the same perpetual-futures reference value (line styles are not distinguished at narrow display widths). About the data

Open interest (contracts)134259.6 contracts

Saved open interest, contract count

Funding rate (per hour)0.00000625

Saved funding rate, per-hour decimal

A variable-dividend Series A perpetual preferred stock issued by Strategy. A different security from the common stock (MSTR).

Source: Hyperliquid · Last updated · Perpetual-futures reference value

Cash New York: 09:30–16:00. When closed: perpetual-futures reference. Hyperliquid xyz perpetual-futures reference.

How to read the chart

Reference chart of Hyperliquid perpetual-futures candles for Strategy Stretch Preferred, not the official cash-market chart.

Reference value and method

How the numbers and formulas on this page work: Symbol page guide.

Strategy Stretch Preferred is shown as a Hyperliquid perpetual-futures reference, and 24h compares against the previous-day reference for the same contract, not a cash price, official index, exchange close, or cash previous close.

Observed value at 2026-09-27 22:04 UTC

Asset class
Listed-company stock reference
Source
Hyperliquid / xyz:STRC
Price unit
USDC reference
Reference value
USDC 98.6425
24h
-0.13%
Method
Use the mid price; use the mark price only when no mid price can be obtained
Referenced contracts
xyz:STRC
Observed time
Saved observation

Ratio = 98.6425 / 98.769 − 1 = -0.13% (shown as a percentage, rounded to two decimal places).

Hyperliquid field names: mid price = midPx; mark price = markPx; previous-day reference = prevDayPx.

This site does not provide investment advice.

Range position

2026-06-22 – 2026-10-08 · 109 daily candles (settled only). Daily candles are 24-hour perpetual-futures values, not official exchange closes.

Low for this period
USDC 71.037 (2026-06-26)
High for this period
USDC 101.06 (2026-10-04)
Position
91.9%
Reference used for position
USDC 98.6425
Observed at

Highs and lows after the collection period are not included.

Symbol facts and market observations

About this symbol

The issuer is Strategy Inc., listed on Nasdaq under the ticker STRC. It is a Variable Rate Series A Perpetual Preferred Stock, known as Stretch. It pays cumulative monthly cash dividends at a variable rate on a $100 stated amount.

Sources: trade[XYZ] (contract issuer), trade[XYZ] (contract issuer), SEC EDGAR, SEC EDGAR (filed by Strategy Inc).

Sourced explanations (18)

Explanations may include summaries and translations. Follow the source links for the original text.

Contract and trading hours

  • The issuer is Strategy Inc., listed on Nasdaq under the ticker STRC. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer) / SEC EDGAR

  • It is a Variable Rate Series A Perpetual Preferred Stock, known as Stretch. It pays cumulative monthly cash dividends at a variable rate on a $100 stated amount. It is a different security from the common stock (MSTR). From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • This contract references one share of that preferred stock. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • The price is quoted in USD; no FX conversion is applied at the contract level. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • External pricing runs from Sunday 20:00 ET to Friday 20:00 ET. It aggregates the pre-market 4:00–9:30 ET, the regular market 9:30–16:00 ET, the post-market 16:00–20:00 ET and the overnight 20:00–4:00 ET sessions. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • Internal pricing applies from Friday 20:00 ET to Sunday 20:00 ET, and follows equities holidays and trading hours. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

Customers and regions

  • The office address filed with the SEC is in Tysons Corner, Virginia. From SEC EDGAR, retrieved 23 August 2026.

    Source: SEC EDGAR

Basic information

  • The former registrant name on SEC EDGAR was MICROSTRATEGY INC. It was in use until 11 August 2025. From SEC EDGAR, retrieved 23 August 2026.

    Source: SEC EDGAR

  • The same issuer has five classes of securities registered on Nasdaq. They are the MSTR common stock and the STRK, STRF, STRD and STRC preferred stocks. From the annual report on Form 10-K filed 19 February 2026.

    Source: SEC EDGAR (filed by Strategy Inc)

  • IPO pricing was set on 2025-07-24. The offering covered 28,011,111 shares at $90 for 1 share. From the issuer's announcement dated 2025-07-25.

    Source: Strategy Inc

  • Gross IPO proceeds were approximately $2,521,000,000. Net proceeds were approximately $2,474,000,000. From the issuer's announcement dated 2025-07-29.

    Source: Strategy Inc

  • The initial monthly dividend rate was 9.00% annually. From the issuer's announcement dated 2025-07-25.

    Source: Strategy Inc

  • Dividends are paid in arrears on the last day of each month. The first payment date was 2025-08-31. From the issuer's announcement dated 2025-07-25.

    Source: Strategy Inc

  • The issuer may redeem the shares at a price of at least $101 for 1 share plus unpaid dividends. From the issuer's announcement dated 2025-07-25.

    Source: Strategy Inc

  • On 2025-07-31, a program for up to $4,200,000,000 of additional issuance was established. From the issuer's announcement dated 2025-07-31.

    Source: Strategy Inc

  • At the shareholders meeting on 2026-06-08, a proposal for dividends 2 times per month was approved. From the issuer's announcement dated 2026-06-08.

    Source: Strategy Inc

  • From 2026-07-20 through 26, the company repurchased 288,930 shares. The purchase amount was approximately $25,000,000. From the issuer's announcement dated 2026-07-27.

    Source: Strategy Inc

People and history

  • As of 31 December 2025 it had 1,539 employees, 448 of them based in the United States and 1,091 based internationally. From the annual report on Form 10-K filed 19 February 2026.

    Source: SEC EDGAR (filed by Strategy Inc)

Market observations Retrieved: 2026-09-27 22:04 UTC

24h volume Retrieved: 2026-09-27 22:04 UTC

Notional (USDC)
68,878.08
Contracts
697.700
Nominal / quantity
98.721633Notional ÷ contracts, using the values before rounding; rounded to six decimal places

Open interest (OI) Retrieved: 2026-09-27 22:04 UTC

Bars: OI nominal 9,949,924.54 USDC vs 24h turnover 68,878.08 USDC at the actual ratio, with 100% width = OI nominal 9,949,924.54 USDC.
Open interest (contracts)
100,857.800
Mark price
98.653
Notional (contracts × mark price)
9,949,924.54Contracts × mark price, using the values before rounding; USDC, rounded to two decimal places

Funding rate Retrieved: 2026-09-27 22:04 UTC

Funding: Hourly 0.00000625 = 0.000625% (shown as a percentage); ×24 (daily conversion) = 0.015%; ×24×365 (365-day conversion) = 5.475% (simple multiplications, not accrued amounts). The marker in the diagram shows the sign only (this value is positive).

Hourly
0.00000625As a percentage: 0.000625%
×24 (daily conversion)
0.015%
×24×365 (365-day conversion)
5.475%

Hyperliquid field names and values before rounding: notional = dayNtlVlm 68878.0836 USDC; contracts = dayBaseVlm 697.7; open interest = openInterest 100857.8 contracts; mark price = 98.653; hourly funding rate = funding 0.00000625.

Daily observation log (67 saved daily records) Latest: 2026-10-17 22:04:59.595 UTC

Latest: 2026-10-17 22:04:59.595 UTC · Records with missing fields: 0/67 · Missing dates: 4

Show 67 saved daily records

Hyperliquid field names: Mid price = midPx; Previous-day reference = prevDayPx; Open interest = openInterest; 24h notional volume (USDC) = dayNtlVlm. vs previous-day reference = midPx / prevDayPx - 1.

Scroll horizontally to see all columns.

Observed at (UTC) Mid price Previous-day reference vs previous-day reference Open interest 24h notional volume (USDC)
94.911 94.942 -0.03% 123133.0 202448.8844
94.9265 94.936 -0.01% 122882.0 152288.1743
94.405 94.936 -0.56% 121082.4 1006747.3912000002
95.324 94.499 +0.87% 123611.4 512290.5624999998
95.2465 95.251 0.00% 125940.0 1155423.5832999996
95.6225 95.261 +0.38% 145375.6 2003921.5746000004
94.682 95.614 -0.97% 134529.8 3395053.0476999991
93.7955 94.677 -0.93% 131534.6 354377.2528
94.331 94.208 +0.13% 131708.6 988686.5031
94.27 94.383 -0.12% 129716.2 314003.8175000001
95.518 94.289 +1.30% 125720.8 1083226.4070000001
95.3445 95.53 -0.19% 113847.6 1320195.6329999997
96.3695 95.338 +1.08% 97460.2 1906178.4326000002
96.51 96.363 +0.15% 92054.2 544775.4506999999
96.459 96.58 -0.13% 91526.2 126544.2234
97.2335 96.486 +0.77% 90649.4 1015891.6309000003
97.135 97.29 -0.16% 86383.0 478864.9782000001
97.187 97.128 +0.06% 85385.0 189729.3849
97.8505 97.134 +0.74% 82367.8 577427.7749
97.2965 97.833 -0.55% 105205.2 2184898.1529999995
97.266 97.312 -0.05% 109260.2 310587.0107999998
97.3205 97.321 0.00% 111299.6 232487.2884
97.013 97.374 -0.37% 84472.0 2048725.8842000007
96.792 97.006 -0.22% 84974.0 585656.6890000001
97.0145 96.776 +0.25% 83302.6 295071.2249
97.747 97.006 +0.76% 84289.8 292281.8511
97.6615 97.718 -0.06% 83338.6 240618.9766
97.4865 97.669 -0.19% 82699.8 61798.7342
97.514 97.534 -0.02% 82241.2 41281.81
97.9505 98.048 -0.10% 83625.4 520347.8083
97.8915 97.947 -0.06% 82689.4 153281.2707000001
98.3835 97.927 +0.47% 85927.4 377900.6152000001
98.346 98.384 -0.04% 85320.0 108918.4674
98.5875 98.3 +0.29% 91686.8 1290707.2390999994
97.244 98.588 -1.36% 98266.2 2544567.0767999985
97.1695 97.233 -0.07% 101041.0 740338.1926
97.9965 97.158 +0.86% 99491.8 301339.4008999999
98.3205 97.985 +0.34% 100975.6 425038.1197000002
98.379 98.31 +0.07% 100919.4 148794.5026
98.367 98.419 -0.05% 102444.4 98407.8174
98.9045 98.356 +0.56% 108542.8 2075399.5398000001
98.9735 98.911 +0.06% 105530.0 882265.3205
98.8905 98.99 -0.10% 103922.6 480811.4847000003
98.3235 98.9 -0.58% 102479.6 334450.2593
98.5805 98.232 +0.35% 101518.8 189053.0566
98.7845 98.598 +0.19% 101385.8 42280.6794
98.6425 98.769 -0.13% 100857.8 68878.0836
99.1495 98.674 +0.48% 110902.6 1897573.9014999999
99.3185 99.15 +0.17% 130206.2 3282499.0255
99.282 99.288 -0.01% 112585.2 2421718.7141000004
99.3635 99.273 +0.09% 109590.2 684438.8508000002
99.4335 99.38 +0.05% 108370.2 685149.5477999999
99.1175 99.4 -0.28% 131344.8 2417027.5931000002
99.2205 99.095 +0.13% 122787.8 1590847.8361999996
99.4225 99.281 +0.14% 122345.2 116999.8172
99.4865 99.433 +0.05% 116483.2 551246.3907000002
99.4225 99.465 -0.04% 114889.4 252697.323
99.2755 99.42 -0.15% 115424.0 865846.6790000004
99.6265 99.3 +0.33% 119964.6 549832.635
99.3735 99.64 -0.27% 118825.2 89287.9327
99.49 99.39 +0.10% 118961.6 80657.0447
99.701 99.443 +0.26% 119111.2 1041532.3760999994
99.726 99.697 +0.03% 120286.8 587668.0616
99.6075 99.718 -0.11% 142537.8 2141041.0843000002
99.176 99.605 -0.43% 151694.4 6249767.2816999974
97.7815 99.173 -1.40% 148105.8 1611363.9291000001
97.053 97.784 -0.75% 150018.2 992009.4849999996

Dates without a saved record in the displayed period: 2026-08-16, 2026-09-07, 2026-09-08, 2026-09-13.

Period range (67 records with a mid price)

Period range over 67 daily log rows: first mid price 94.911; last mid price 97.053; highest mid price in the period 99.726; lowest mid price in the period 93.7955.

First mid price2026-08-08 22:05:00.098 UTC
94.911
Last mid price2026-10-17 22:04:59.595 UTC
97.053
Highest mid price in the period2026-10-13 22:04:52.617 UTC
99.726
Lowest mid price in the period2026-08-15 22:05:00.826 UTC
93.7955

Market hours

Market hours
Trading hours New York time 09:30-16:00
Days Weekdays. Check the related venue calendar for holidays.

Other symbols in this group

Related articles

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Frequently asked questions

Why are there no financial figures?

Financials are shown only for symbols whose annual figures can be retrieved from the U.S. SEC’s EDGAR system. They cannot be retrieved for this symbol, so the page shows facts such as the registered company name, listing market, and location.

What is the price when the local market is closed?

It switches to an internal price outside trading hours. The trading hours are stated in “About this symbol.”

Is this security common stock? (Applicable symbols only)

No. “About this symbol” states the type of security and how it differs from common stock.