PROTECTED SOURCE SCRIPT
Updated

Moving Liquidation Preference

426
Version 0.1

The indicator provides an indication of the "Moving Liquidation Preference" for Strategy's (MSTR) preferred equities (STRK, STRF, STRF). The author attempts to accurately recreate the values based on information available in SEC disclosures and using public stock trading data. Since these are open to interpretation and the data may not be the golden truth for determining the liquidation preference, the author explicitly indicates that the information provided by this indicator is non-indicative and not meant to supersede information provided by Strategy directly. It is meant for entertainment purposes only, not for use in financial decision making.

The author has made every attempt to be as accurate as possible, but mistakes invariably occur and should be reported to the author if discovered.

The script will be updated as new preferred stock is issued via ATM or other sales for as long as the author is willing and able to do so.

Why is the script private?
This script includes data on the issuance of Strategy preferred equity (STRK, STRF, STRF) that was manually determined by the author after going through countless hours of SEC disclosures. Since there is no publicly available repository for this information and the author would like to retain the right to make this available at a later date, the script is kept private. In addition, the data may be faulty and should not be relied upon for financial decision making. This indicator is not financial advise, nor does it purport to replace professional guidance. Use at your own risk!
Release Notes
Version 0.2

Disable plotting the indicator on non-supported equities (i.e. only plot it on STRF, STRK, STRD).
Release Notes
Version 0.3

Added latest ATM activity for Strategy's preferreds: STRK, STRF, $STRD.

Disclosures: assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt4cc1a0ae496ac9e3/68747439e8921d53d6fa6b41/form-8-k_07-14-2025.pdf
Release Notes
Version 0.4

Updated tracking of issuance for STRF, STRK, and $STRD.
Added support for SSTRC, awaiting issuance details at this point in time.
Release Notes
Version 0.4b

Small bug fixes.
Release Notes
Version 0.4c

Added display of effective yield per Strategy preferred offering.

NOTE: if you have previously installed the indicator this may mess up the main chart in TradingView. In this case, remove the indicator and re-add it to fix the problem.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.