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Michael Saylor’s Strategy Launches Stock Designed to Fund Bitcoin Plans

Key Takeaways

  • ​Strategy is launching a $100 preferred stock, STRC, with a 9% annual yield, open only to select investors;
  • The dividend will adjust over time to keep STRC trading near its $100 target price;
  • Funds raised will support Bitcoin purchases and cover general operating expenses.

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Michael Saylor’s Strategy Launches Stock Designed to Fund Bitcoin Plans

The company with the largest Bitcoin BTC $118,616.61 holdings, Strategy, has introduced a new plan to raise money for its ongoing cryptocurrency investments.

The company is offering a new type of stock through an initial public offering aimed at a select group of investors.

The offering will consist of five million shares of Series A Variable Rate Perpetual Preferred Stock, listed under the ticker symbol STRC.

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Each share is priced at $100, and the company plans to adjust the dividend rate over time to keep the stock trading as close as possible to this stated price. At launch, the dividend is set to yield 9% annually, paid monthly.

Funds raised through this offering will be used for general business needs, which include buying more Bitcoin and covering working expenses. Michael Saylor, founder of Strategy, explained in a post on X that the offering will be available only to select investors rather than the general public.

The structure of this stock is designed to serve as a stable, income‑producing investment while supporting the company’s Bitcoin purchases.

Bitcoin writer Adam Livingston stated in a July 21 post on X that this mechanism is like a "new financial lifeform" designed to quickly convert dollars into Bitcoin. He also said, "You’re not buying stock. You’re buying a yield‑targeted Bitcoin conduit".

Meanwhile, StablecoinX has announced plans to go public through a merger with TLGY Acquisition Corp. What does the company aim to achieve? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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