Wu Shuo learned that Strategy CEO Phong Le posted a message saying that the tradable preferred stock STRC issued by Strategy grew from zero to a market value of $10.5 billion in 10 months, becoming the world’s largest tradable preferred stock—twice the size of the second-largest tradable preferred stock. Its accompanying graphic shows that the second-ranked Wells Fargo preferred stock WFC/PL has a market value of approximately $4.7 billion.

WFC0.83%
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