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Anchorage Digital Invests in Strategy’s Perpetual Preferred Bitcoin-Backed Shares

Anchorage Digital Invests in Strategy’s Perpetual Preferred Bitcoin-Backed Shares

Anchorage Digital’s acquisition of yield-generating STRC stock reflects deeper institutional integration with Michael Saylor’s bitcoin holdings, offering 11.25% annual dividends amid continued market volatility.

BTC

Fact Check
Multiple reputable crypto-industry outlets report that Anchorage Digital added/holds Strategy’s perpetual preferred stock and characterize it as bitcoin-backed. CoinDesk published two separate pieces noting Anchorage Digital added Strategy’s perpetual preferred shares to its balance sheet. The Block reported Anchorage Digital’s disclosure of a holding in Strategy’s perpetual preferred stock, providing timing and context. Critically, Anchorage Digital’s CEO publicly confirmed the holding on social media, which serves as a direct primary confirmation. Additional coverage from market news aggregators echoed the announcement and the bitcoin-backed nature of the shares. The reports are consistent, mutually reinforcing, and uncontradicted by any credible source, making it highly likely that Anchorage Digital did invest in Strategy’s perpetual preferred bitcoin-backed shares.
Summary

Anchorage Digital, the first federally chartered U.S. crypto bank, announced it holds Strategy’s perpetual preferred stock STRC on its balance sheet. Strategy, led by Michael Saylor and recognized as the largest publicly listed bitcoin holder with 717,722 BTC, issues STRC shares offering a monthly cash dividend at an annual rate of 11.25%, adjusted to maintain a $100 par value. Anchorage CEO Nathan McCauley described this investment as “conviction compounding,” reinforcing institutional cooperation among bitcoin-focused entities. Saylor welcomed Anchorage’s participation, highlighting the potential for expanded institutional bitcoin engagement.

Terms & Concepts
  • Perpetual Preferred Stock: Preferred equity with no maturity date that pays dividends indefinitely and typically ranks senior to common stock.
  • STRC: Strategy’s Short Duration High Yield Credit preferred shares, targeting a stable $100 par via an 11.25% annual dividend adjusted monthly.
  • Bitcoin Treasury Strategy: A corporate approach of holding significant bitcoin as reserve assets for long-term value preservation and financing flexibility.