Three companies added Strategy's STRC perpetual preferred equity to their holdings as its market value returned to $100 par value. High-yield investment de
STRC Returns to Par Value as Companies Add to Holdings
Three major companies—Prevalon Energy, Anchorage Digital, and OranjeBTC—have recently added Strategy’s perpetual preferred equity, Stretch (STRC), to their balance sheets. This move comes at a time when STRC's market value is returning to its $100 par value after a brief dip.
Perpetual Preferred Equity: A High-Yield Investment Option
STRC, known as the Variable Rate Series A Perpetual Stretch Preferred Stock, is described by Strategy as a short-duration, high-yield credit instrument. Ranking senior to MSTR common stock, STRC offers an attractive 11.25% annual dividend, distributed monthly.
Market Activity and Conference Highlights
During Wednesday's trading session, STRC briefly reached its par value of $100. According to STRC.live, this brief moment was accompanied by a significant trading volume, estimated at approximately 22 Bitcoin (BTC) transactions. In pre-market sessions on Thursday, STRC again settled at the $100 mark.
Strategic Expansion and Industry Moves
The announcement that OranjeBTC has also added STRC to its balance sheet adds weight to this trend of corporate adoption. Additionally, Strategy World 2026 in Las Vegas saw more developments:
- **21Shares** announced plans to bring STRC exposure to Europe through the Strategy Yield ETP on Euronext Amsterdam.
- **Morgan Stanley**, a major financial institution, is expanding its digital asset services, with Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, confirming during a panel discussion that the firm will introduce trading, lending, yield, and custody services for bitcoin.
Broader Market Reactions
On Wednesday, MSTR, the common stock associated with STRC, rose 9% in value. Although it is slightly lower on Thursday morning, trading at around $135, this uptick reflects investor interest in the broader market for digital assets and perpetual preferred equity offerings like STRC.
These moves underscore the growing acceptance of digital assets and specialized investment instruments within traditional corporate structures, signaling a significant shift in how companies are engaging with blockchain technologies.
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