PANews reported on May 11th that, according to Bitcoin.com, Strategy Executive Chairman Michael Saylor recently published an article explaining the low volatility positioning of STRC as a Bitcoin-related investment vehicle. STRC is Strategy's perpetual preferred stock with an annual dividend yield of 11.50%, paid monthly in cash. The dividend yield is adjusted monthly to encourage trading close to its $100 par value and reduce price volatility. Saylor stated that STRC is a credit product designed for income, stability, liquidity, and principal protection, backed by the company's Bitcoin and USD assets. Its preferred stock structure is more scalable and durable than debt.

Strategy has proposed changing the STRC dividend payment frequency from once a month to twice a month (on the 15th and at the end of the month), while keeping the total annual dividend amount unchanged. The aim is to stabilize prices, curb cyclicality, and improve liquidity. Saylor used a metaphor to distinguish the three: STRC is a passenger plane, BTC is a fighter jet, and MSTR is a rocket ship. Strategy currently holds 818,334 Bitcoins, representing approximately 3.9% of the total supply of 21 million. STRC has reached a market capitalization of $8.5 billion in nine months.