Strategy Becomes Major Bitcoin Holder With STRC High-Yield Preferred Shares

Strategy grows into a leading Bitcoin holder, financing over 761,000 BTC with more than $10B in STRC preferred shares yielding 11.5% and driving dividends.

Rich by Coin

2026-03-17

Strategy, a software company turned Bitcoin holding company, now holds more than 761,000 BTC valued at over $56 billion. MSTR has partially shifted capital raising from common stock dilution to issuing high-yield preferred shares, now totaling over $10 billion. STRC preferred, offering a variable 11.5% yield, is most popular, driving annual dividend payments to nearly $1.05 billion.

Strategy, a software company turned Bitcoin holding company, now holds more than 761,000 BTC valued at over $56 billion. It has shifted part of its capital-raising from common stock dilution to issuing high-yield STRC preferred shares, now totaling over $10 billion. STRC preferred, offering a variable 11.5% yield, is the most popular option, driving annual dividend payments toward $1.05 billion.

Annual dividends approach $1.05 billion, reinforcing the strategy’s reliance on preferred equity as a funding source and increasing dilution risk for existing shareholders. The arrangement underscores a broader trend in crypto-adjacent businesses leveraging preferred equity to fund growth. The dynamic links software capabilities with a sizable Bitcoin reserve, shaping a distinctive capital structure for Strategy.