According to a disclosure by BitcoinTreasuries, Bitcoin Treasury Capital (BTCB) has been approved to list on Sweden’s Spotlight Stock Market the country’s first bitcoin-backed preferred stock (BTC PREF). Trading is expected to begin on July 20, and it will provide investors with a 10% annual dividend, which is considered Europe’s first digital credit product.

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MemeCodeReview
· 4h ago
Sweden is making solid moves here—first roll out the product to test the waters. Offering a 10% annual interest yield and an indirect way to hold BTC is a compromise choice for conservative investors.
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LevCoward
· 4h ago
I don’t know much about this Swedish market, but the Bitcoin-backed preferred shares sound like packaging a volatile asset into fixed income—I’m not sure if it’s a good idea.
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LongShortRatio
· 4h ago
It seems that Bitcoin’s financialization has taken another step forward—from ETFs to preferred stock. Will there be more derivatives in the future? Regulatory attitude is crucial.
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MEVCollector
· 4h ago
A 10% dividend yield is definitely enticing in the current interest-rate environment, but if the Bitcoin price falls, this preferred stock could easily run into trouble—better be cautious.
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