Strategy has launched a $2 billion "Stretch" variable preference share offering offering a 9 per cent floating dividend. The product does not directly expose investors to bitcoin, but uses the currency's historically rewarding properties to maintain high dividends.
The offering, called STRC, has been so popular with investors that the company has quadrupled the size of the offering. It may represent a new type of investment vehicle that can bring bitcoin's potential to the income investor community of traditional finance.
Michael Saylor is planning to bring a Bitcoin-backed "money market style" financial instrument to Wall Street
2025-07-27 17:09:33
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