Three companies add MSTR's STRC to treasury as shares return to par

CoinDesk

by James Van Straten

February 26, 2026

AI-Generated Deep Dive Summary

Three companies have added MSTR’s STRC preferred equity to their balance sheets as the security returns to its $100 par value. Prevalon Energy, Anchorage Digital, and OranjeBTC disclosed during Strategy World 2026 in Las Vegas that they allocated portions of their corporate treasuries to STRC, a high-yield credit instrument offering an 11.25% annual dividend distributed monthly. The move comes as STRC, known for its short duration and seniority over MSTR common stock, saw significant trading activity, with approximately 22 BTC purchased through STRC-related transactions. This marks a notable milestone in the adoption of crypto-linked financial instruments by corporate treasuries. The adoption of STRC aligns with growing interest in alternative assets that provide both diversification and high returns for corporate investors. At the conference, 21Shares announced plans to bring STRC exposure to Europe via the Strategy Yield ETP on Euronext Amsterdam, further expanding its reach. Additionally, Morgan Stanley confirmed during a panel discussion that it will introduce bitcoin trading, lending, yield, and custody services, signaling broader institutional adoption of crypto-related financial products. STRC’s rise to par value reflects its appeal as a credit instrument that combines stability with high yields, making it an attractive option for corporate treasuries seeking to diversify their portfolios. Its seniority over MSTR common stock and monthly dividend distribution further enhance its appeal for investors prioritizing income and security. The growing adoption of STRC underscores the expanding role of crypto-linked financial instruments in traditional finance, as companies look to tap into the benefits of blockchain-based assets while managing risk through established credit structures. This development matters to readers interested in crypto and finance because it highlights the convergence of traditional financial instruments with cryptocurrency assets. As corporate treasuries increasingly explore opportunities in decentralized finance

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Originally published on CoinDesk on 2/26/2026