Three companies add Strategy's STRC to treasury as shares return to par
TL;DR
Three companies—Prevalon Energy, Anchorage Digital, and OranjeBTC—have added Strategy's STRC perpetual preferred equity to their treasuries as the security returns to its $100 par value. STRC briefly touched par during trading, with 21Shares introducing STRC exposure in Europe via an ETP on Euronext Amsterdam.
Key Takeaways
- •Prevalon Energy, Anchorage Digital, and OranjeBTC have allocated portions of their corporate treasuries to Strategy's STRC perpetual preferred equity.
- •STRC briefly reached its $100 par value during Wednesday's trading session, with an estimated 22 BTC purchased through related activity.
- •21Shares is bringing STRC exposure to Europe through the Strategy Yield ETP on Euronext Amsterdam.
- •STRC is a short-duration, high-yield credit instrument offering an 11.25% annual dividend, ranking senior to MSTR common stock.
- •Morgan Stanley plans to introduce bitcoin trading, lending, yield, and custody services, as confirmed during a panel at Strategy World 2026.
What to know:
- Prevalon Energy, Anchorage Digital, and OranjeBTC disclosed allocations to STRC.
- STRC briefly touched its $100 par value on Wednesday.
- While 21Shares is bringing STRC exposure to Europe through the Strategy Yield ETP on Euronext Amsterdam.
- Prevalon Energy, Anchorage Digital, and OranjeBTC disclosed allocations to STRC.
- STRC briefly touched its $100 par value on Wednesday.
- While 21Shares is bringing STRC exposure to Europe through the Strategy Yield ETP on Euronext Amsterdam.
Three companies have added Strategy’s perpetual preferred equity, Stretch (STRC), to their balance sheets as the security returns to its $100 par value.
Strategy said Prevalon Energy and Anchorage Digital disclosed during presentations at Strategy World 2026 in Las Vegas that each company has allocated a portion of its corporate treasury to STRC, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, during the “Bitcoin for Corporations” track. In separate remarks at the conference, OranjeBTC, a Brazilian bitcoin treasury company also confirmed it has added STRC to its balance sheet.
According to STRC.live, STRC briefly touched par during Wednesday’s trading session. Based on trading volume, it is estimated that roughly 22 BTC were purchased through STRC activity. In pre market trading, STRC is again at $100.
STRC is a short duration, high yield credit instrument that ranks senior to MSTR common stock and offers an 11.25% annual dividend, distributed monthly.
The conference also featured additional announcements, including 21Shares bringing STRC exposure to Europe through the Strategy Yield ETP on Euronext Amsterdam.
Separately, Morgan Stanley plans to introduce bitcoin trading, lending, yield, and custody services, with Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, confirming the plans during a panel discussion with Strategy CEO Phong Le.
Bitcoin is trading above $68,000, while MSTR rose 9% on Wednesday and is slightly lower in Thursday pre market trading at around $135.
- Blockchain investigator ZachXBT said a senior Axiom Exchange employee allegedly misused internal tools to access sensitive user data, track private wallets and potentially trade memecoins using inside information.
- Axiom said it was “shocked and disappointed” by the allegations and removed access to those systems. It pledged to continue investigating and hold the responsible parties to account.
- The claims highlight growing scrutiny of trading practices and data misuse in the crypto industry.
Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.