Saylor has built a bond backed by bitcoin that pays 3x what treasuries pay..
and institutions are buying it without realizing what they’re actually holding
let me break this down simply..
STRC is a share that always trades at $100
not roughly $100. exactly $100.
saylor engineered this by using the dividend as a lever…
price drops below $100 → raise the dividend → buyers rush in → price goes back to $100
price rises above $100 → lower the dividend → less attractive → price comes back down
right now it’s at $100.01 and the machine is working
the yield is the story
you put $100 in. you get $11.50 back every year. paid monthly.
a 10-year US treasury? $4.00/year on the same $100
same “safe” stable price. same $100 in, $100 out
one is backed by government promises
and one is backed by 720,000 $BTC saylor is offering you 3x the yield and better collateral
why can’t institutions just buy bitcoin directly?
they can’t
pension funds, insurance companies, university endowments.. they have rules
“too volatile” “no income” “doesn’t meet distribution requirements”
they need stable price + monthly cash flow or their compliance department says no
so they’ve been stuck with 4% treasuries watching bitcoin go from $10k to $85k
$STRC solves this..
- stable price
- monthly income
- compliance approved
- they get their bond wrapper
- but underneath it is bitcoin
this is the trojan horse
they think they’re buying a high-yield preferred share
but they’re buying bitcoin exposure in a suit.. every dollar that flows into STRC flows through to strategy
strategy uses it to buy more bitcoin
more bitcoin = more collateral = better terms to raise more capital = buy more bitcoin
the flywheel only needs $BTC to not go to zero
STRATEGY'S STRC IS PERFECT FOR YIELD-SEEKING RETIREES.
STRC pays monthly cash dividends- at an amazing 11.25% rate.
STRC maintains stable share value (near $100/share) so retirees don't need to ride out volatile swings in their principal.
STRC's dividend payments are Tax Deferred! You pay no tax when you receive dividends.
@cryptorover Below electrical cost doesn’t mean miners capitulate instantly. It usually means inefficient miners shut down, difficulty adjusts, and the network rebalances. That process is painful, but it’s how Bitcoin resets excess leverage rather than breaks.