Crypto treasury companies are accumulating MicroStrategy’s (MSTR) high-yield preferred stock, STRC. This trend allows firms to gain both monthly income and bitcoin-linked exposure.
The adoption validates MicroStrategy’s use of STRC as a primary funding vehicle for bitcoin acquisitions. The preferred stock offers an 11.5% annualized dividend paid monthly.
High demand for these dividends has triggered a surge in STRC trading volume. This activity is reshaping MicroStrategy’s capital structure toward preferred equity.
Nearly $200 million of STRC has been tokenized on the Ethereum blockchain. This development enables broader on-chain access to the security's yield.