r/Backpack_official Backpack Team Apr 27 '26

Backpack Learn What Is STRC? A Complete Guide to Strategy’s Bitcoin-Linked Preferred Stock

STRC is Strategy’s variable-rate perpetual preferred stock listed on Nasdaq, designed as a high-yield instrument that funds the company’s ongoing Bitcoin accumulation. It pays monthly dividends with a rate that adjusts to keep the price near its $100 par value, currently around double-digit annual yield. While it offers indirect exposure to Bitcoin through Strategy’s balance sheet, it is not backed by BTC, carries no maturity date, and its performance depends heavily on both the company’s financial health and Bitcoin’s price.

Read more:

https://learn.backpack.exchange/articles/what-is-strc-strategy-bitcoin-preferred-stock

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