PANews reported on March 27th, citing Bloomberg, that Strategy founder Michael Saylor stated that approximately 80% of the company's perpetual preferred stock, "Stretch" (STRC), is held by retail investors. This product pays monthly dividends and currently offers an annualized yield of 11.5%, positioning itself as a high-yield savings account. Strategy has purchased nearly $3 billion worth of Bitcoin through Stretch this year and announced a $42 billion funding plan, with Stretch contributing $21 billion.

Saylor stated that Stretch aims to provide low-volatility, high-yield digital lending products, designed to trade around a face value of $100, with a dividend yield adjusted monthly based on market conditions. Compared to common stock, preferred stock offers less capital appreciation potential but provides more stable returns. Benchmark analysts pointed out that as demand for Stretch increases, Strategy's Bitcoin acquisition strategy will receive further support. Data shows that Strategy has become a major buyer among Bitcoin vault companies, purchasing approximately 45,000 Bitcoins in the past month, while other companies combined purchased only about 1,000.