TLDR
- Michael Saylor said STRC reached $8.5 billion in nine months and described it as going viral.
- He stated that STRC pays an 11.5% annualized dividend and trades near its $100 par value on Nasdaq.
- Saylor said STRC recorded about 350% annual growth and saw liquidity increase eightfold in five months.
- He reported that STRC financed the purchase of around 77,000 BTC in 2026 year to date.
- Saylor said roughly 80% of STRC holders are retail investors, while institutions have started participating.
Michael Saylor presented a structured case for Strategy’s preferred stock product at Bitcoin 2026 on Tuesday. He told attendees that STRC reached $8.5 billion in nine months. He argued that the instrument now ranks among the fastest-growing credit products globally.
STRC Records $8.5 Billion Growth in Nine Months
Saylor addressed the audience on the Nakamoto Stage and outlined his digital credit framework. He said, “The world is built on capital. The world runs on credit.” He described Bitcoin as the capital layer and called it “ideal capital.”
JUST IN: Michael Saylor said their BTC accumulation machine STRC "grew to be the largest preferred stock in the world within 8 months" 🤯
They're using STRC to mass buy as much bitcoin as they can 🚀 pic.twitter.com/ElyFJFAvSc
— Bitcoin Magazine (@BitcoinMagazine) April 28, 2026
He cited Bitcoin’s 38% annualized return over five years. He compared that performance against gold, the S&P 500, and real estate. He labeled those traditional assets as “awful” in contrast.
Saylor then positioned STRC as the credit layer built above Bitcoin. He said the structure removes Bitcoin’s volatility for preferred shareholders. He added that it directs excess returns to common equity holders.
He stated that STRC trades near its $100 par value on Nasdaq. He confirmed that it pays an 11.5% annualized dividend distributed monthly. He described the product as offering stable cash flow without direct price exposure.
He reported that STRC reached $8.5 billion in notional value within nine months. He said that figure exceeds the existing market for monthly-paying preferred securities. He placed annual growth at about 350%.
He added that April inflows, when annualized, indicate a $38 billion yearly pace. He said liquidity increased eightfold in five months. He told the audience, “This is going viral.”
Saylor Outlines Digital Credit Model and Retail Access
Saylor contrasted digital credit with traditional private credit markets. He described private credit as illiquid, opaque, and fee-driven. He defined digital credit as liquid, transparent, and scalable.
He said STRC trades publicly and remains open to retail investors. He stated that about 80% of holders are retail participants. He added that corporate treasuries and institutions have begun to participate.
Strategy data shows STRC financed about 77,000 BTC acquisitions in 2026 year-to-date. He said that amount equals ten times the net inflows of U.S. spot Bitcoin ETFs. He framed this activity as proof of demand.
The Strategy CEO highlighted the product’s tax structure during the presentation. He said dividends receive return-of-capital treatment. He explained that investors can reinvest distributions without full ordinary income tax.
Saylor linked STRC growth to broader digital capital flows. He said, “Every dollar that flows into digital credit will flow into digital capital.” He added that such flows will move into the Bitcoin network.
He projected that digital credit could drive Bitcoin to $10M per coin. He said it could expand Bitcoin into a $2T network before further growth. He closed by stating that Strategy aims to power households with high-yield savings accounts backed by this framework.
