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Its popular preferred stock, Stretch, which Strategy’s CEO, Phong Le, likened to a money market fund, fell to $74, $26 below its $100 par value.—
Nina Bambysheva,
Forbes.com,
28 July 2026 Zero-coupon bonds and other bonds issued at a discount to par value—known as original issue discount (OID) bonds—generate interest that accrues over time and is taxed annually, even though no payments are made until maturity.—
Bydoug Ashburn,
Encyclopedia Britannica,
8 May 2026 While short-term bets such as Kane and van Riemsdyk can pay dividends to fill specific needs, getting par value out of a longer-term deal is exceedingly rare.—
Max Bultman,
New York Times,
10 Jan. 2026 Preferreds come in par values of $25 and $1,000, with the former sold to retail investors and the latter aimed at institutions.—
Michelle Fox,
CNBC,
27 June 2025