What is STRC? Information on Strategy’s Stretch 11.5% APY Stock Created by Michael Saylor

What is STRC Stock?

Stretch (NASDAQ: STRC) is a preferred monthly dividend stock that Michael Saylor built as “digital capital”

Why Strategy Created STRC?

Strategy created STRC as a way to raise capital without relying solely on issuing new common shares.

Instead of diluting existing shareholders directly, the company can issue preferred shares that:

• pay a dividend to investors
• attract income-focused capital
• help fund additional Bitcoin purchases

This approach supports Strategy’s long-term goal of increasing its Bitcoin holdings.

How STRC Works

STRC is structured as a preferred share. That means it sits between debt and common stock in the company’s capital structure.

Key characteristics may include:

• fixed dividend payments
• priority over common shareholders in dividends
• no voting rights in most cases
• potential conversion or redemption features depending on the offering terms

Investors who buy STRC typically seek income from dividends, while Strategy receives capital that can be deployed into its treasury strategy.