Robinhood Adds STRC, STRK, STRF to Trading Platform

Robinhood has expanded its product lineup by enabling trading of Strategy Inc.’s preferred equities STRC, STRK, and ￰0￱ equities, often called preferred shares, are a hybrid security that typically pay fixed dividends and rank above common stock in claims but do not carry voting ￰1￱ move marks Robinhood’s first step into preferred stock after previously focusing on common equities, ETFs, and ￰2￱ debuted in a $2.5 billion IPO followed by a $4.2 billion at-the-market sale, paying a variable monthly dividend aimed at holding its price near $100 as a bitcoin-backed money market ￰3￱ carries an 8% fixed dividend and a conversion feature allowing holders to swap into common stock if Strategy’s share price hits $1,000.

STRF offers a 10% fixed dividend with an escalating rate up to 18% if payments are missed, backed by a $2.1 billion issuance program. Together, the listings highlight Robinhood’s effort to broaden its retail offering amid rising demand for higher-yield securities tied to digital asset-backed structures.