New dividend-paying shares to fuel BTC accumulation and corporate growth.
MicroStrategy, one of the most aggressive institutional buyers of Bitcoin, is doubling down on its crypto strategy. The company announced plans for a public offering of 5 million shares of a new stock class, STRC, with proceeds earmarked for general corporate use—including further Bitcoin purchases.
The STRC shares are expected to trade on Nasdaq, and will be registered under the Securities Act of 1933, positioning them as a unique investment vehicle blending traditional finance and digital assets.
What Is STRC?
Each STRC share will carry a par value of $100 and feature an initial annual dividend yield of 9%, payable monthly in cash. The first payout is scheduled for August 31, 2025, pending board approval.
MicroStrategy says this structure aims to attract yield-focused investors while also giving the company capital flexibility to expand its Bitcoin treasury and support working capital.
Dynamic Dividend Strategy
The firm retains the right to adjust the dividend rate under controlled conditions. Specifically, any decrease in the yield will be capped at 25 basis points, with possible additional adjustments based on prevailing market conditions. However, the rate cannot fall below the one-month SOFR (Secured Overnight Financing Rate), ensuring a base level of return.
In a further investor-friendly twist, unpaid dividends will compound monthly, earning interest until paid—creating a cumulative income stream for STRC shareholders.
Bitcoin at the Core
While the company emphasizes general corporate use for the IPO proceeds, its ongoing strategy has consistently revolved around increasing its Bitcoin$BTC
reserves. This move solidifies MicroStrategy’s status as a quasi-Bitcoin ETF, using equity financing to accumulate digital assets.
“This is a hybrid model—part tech company, part Bitcoin vault,” one analyst noted on X.
Bottom Line
MicroStrategy’s STRC offering marks another creative push to integrate traditional capital markets with crypto investment. With built-in dividends and BTC-linked upside potential, STRC could attract a diverse investor base looking for exposure to Bitcoin with a yield.#ETHBreaks3700 #StrategyBTCPurchase #StablecoinLaw