Michael Saylor Positions STRC as an Income-Focused, Lower-Volatility Option vs BTC and MSTR

Michael Saylor has been outlining how Strategy's perpetual preferred stock STRC differs from BTC and MSTR by emphasizing dividends, liquidity, and steadier pricing rather than upside tied to bitcoin moves. STRC currently pays an 11.50% annual dividend in monthly cash payments and is designed to trade near its $100 par value, with Strategy also proposing a shift to twice-monthly payouts starting from a June 30 record date and a July 15 payment date. Strategy's dashboard lists 818,334 BTC holdings, which Saylor links to the company's broader preferred-equity financing approach.