STRC
Saylor (and others) have claimed the end of the Bitcoin cycle. I don't know if that's true but time will tell. One of the differences is that we now have products like $STRC that remain attractive on a daily basis, currently yielding 11% APY, which proceeds will be used to purchase the remaining BTC float.
STRC as of Thu 15, Jan 2026
I don't know what happened in November, but since the price has recovered and the monthly dividend product is back on par (100). This financial instrument should correct each time a dividend is paid out. So it should theoretically retrace ~1% every payout (11% / 12 months roughly).
When the product is at par, Saylor uses the STRC ATM to buy more Bitcoin. You can clearly see the volume is increasing when the price is at $100, which is a sign the product is working accordingly.
Interim Conclusion I hope this product is going to be a success and will buffer the bear markets. Saylor said the launch of STRC was Strategy's Iphone moment. Let's see how it develops from here. Getting a risk free 11% is certainly an attractive deal for the shy investors out there, and I'd expect the demand for it is going to increase as it is superior to most bonds in the market.
https://stacker.news/items/1412232