$STRC is one of the most innovative financial instruments in today's capital markets.


In a credit instrument, generating over $100 million in liquidity daily while stripping out the top 11.5% of $BTC returns is no simple feat.
The entry barrier is $50 billion in equity, and this threshold is rapidly increasing.
(Brief background explanation: $STRC is a variable-rate perpetual preferred stock called "Stretch" issued by Strategy (formerly MicroStrategy). It is designed to anchor close to a $100 face value through monthly dividend rate adjustments. Currently, the dividend rate is about 11.5%, and the proceeds are mainly used to buy more Bitcoin. Essentially, it "strips" a portion of Bitcoin's growth potential and converts it into a relatively stable high-yield cash flow product, allowing investors to gain exposure similar to credit/fixed income rather than directly holding highly volatile BTC.)
BTC2.64%
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