strc

The Bitcoin-supported digital credit protocol Saturn Credit has completed a $2 million seed round of financing, led by The Spartan Group, with participation from Anchorage Digital and Susquehanna Crypto.It is reported that Saturn Credit is a stablecoin protocol built on the Strategy company STRC, set to launch in March 2026. Saturn Credit adopts a dual-token system: USDat is a non-interest-bearing stablecoin, supported by tokenized U.S. Treasury bonds through the M token, licensed and pegged 1:1 with USDC; sUSDat is an ERC-4626 interest-bearing vault that accumulates STRC dividends, with an exit queue of 3 to 7 days.

According to The Block, TD Cowen analysts raised the target price for Strategy (MSTR) from $385 to $395, implying an increase of over 110% from the current stock price.Analysts believe that Strategy's increased use of STRC (variable rate perpetual preferred stock) to fund Bitcoin acquisitions significantly enhances capital efficiency and is more attractive than the current market pricing. The company has raised over $2 billion through STRC in the first quarter of 2026, totaling over $5 billion for the year.TD Cowen also dismissed market concerns about "perpetual dilution," emphasizing that the annual dividend burden of STRC accounts for only about 2.2% of its Bitcoin holdings' value, which can be covered by moderate Bitcoin appreciation.

On-chain yield stablecoin developer Saturn announced that it has added approximately $17 million in Strategy's perpetual preferred stock STRC-related shares over the past three days, bringing its total holdings to about $50 million.Analysts believe that Saturn's continued accumulation reflects its long-term confidence in the asset structure and yield mechanism of STRC, further strengthening its asset allocation in the on-chain yield stablecoin strategy.

According to Cointelegraph, Strategy proposed to change its STRC dividend payment frequency from once a month to once every two weeks, and shareholders can now vote on this amendment.

Bitwise Chief Investment Officer Matt Hougan stated that the core driver behind Bitcoin's recent 20% rise is the Strategy company under Michael Saylor. According to monitoring, Strategy has increased its Bitcoin holdings by $7.2 billion over the past eight weeks. Although Bitcoin ETFs have purchased $380 million since March 1 and long-term holders have resumed buying, Strategy remains the largest influencing factor. As of now, Strategy holds a total of 818,334 Bitcoins, surpassing BlackRock's holdings.Hougan pointed out that Strategy is raising funds to purchase Bitcoin by issuing perpetual preferred stock STRC, and if Bitcoin continues to grow, its holdings are expected to exceed Satoshi Nakamoto's within two years. The current price of Bitcoin is approximately $76,486.

Strive CEO ColeMacro responded to the Grayscale report, stating that the report indicates the long-term ability of the Strategy to pay STRC dividends depends on the rise in Bitcoin prices.ColeMacro mentioned that there is a huge demand for digital credit because it offers double-digit returns, low volatility, and is easy for credit risk investors to understand and favor. He also pointed out that the report failed to discuss volatility and has shortcomings in credit analysis.

Saturn announced that it has made an additional purchase of $18 million worth of $STRC shares this week, currently holding shares valued at a total of $33 million.It is reported that Saturn is an on-chain yield stablecoin issuer supported by Strategy's Stretch STRC.

According to market news, the financing tool STRC from Strategy, after falling below the $100 par value, may weaken its ability to continuously raise funds to buy Bitcoin through issuing shares, with Bitcoin facing the risk of dropping below $70,000.Strategy previously disclosed that of the latest purchase of 34,164 Bitcoins, about 86% of the funds came from STRC financing. The report also stated that historically, during the periods when Strategy paused purchases, Bitcoin's average decline was about 30%. Technical analysis shows that if the lower edge of the flag pattern is broken, Bitcoin may drop to the range of $67,000 to $69,000; if it holds above the 20-day and 50-day EMA, the price may still rebound and test the resistance at $78,000.

Phong Le, CEO of Bitcoin Treasury Company Strategy, shared on platform X that the amount of Bitcoin purchased by its perpetual preferred stock STRC in 2026 has reached about 10 times the total amount purchased by all Bitcoin ETFs during the same period, demonstrating a strong trend of continued investment from the corporate side.

According to The Block, Strategy proposed to update its STRC preferred stock dividend payment plan from once a month to twice a month.According to the statement, Strategy will hold its annual shareholder meeting on June 8, at which time the voting on the Stretch update proposal will conclude. If approved, the first record date for the new semi-monthly payment plan will be June 30, with the first payment expected to be made on July 15.The company stated that this change could "reduce reinvestment lag, improve liquidity, enhance market efficiency, and strengthen price stability."

Michael Saylor's Bitcoin treasury company Strategy raised funds within 2 days to purchase 26,334 bitcoins, accounting for approximately 0.15% of the total Bitcoin supply. Based on this calculation, the total amount of Bitcoin currently controlled by Strategy has reached 807,231 coins.

According to Arkham monitoring, Saylor bought $1 billion worth of BTC at a price of $71,902.Strategy currently holds BTC worth $57.83 billion, with an average purchase price of $75,577. The funds for these recent purchases come entirely from the sale of STRC.

According to a tweet by @BitcoinArchive, Strategy added 3,447 bitcoins through its perpetual preferred stock product STRC yesterday, worth $250 million. This is equivalent to nearly 8 days' worth of newly mined bitcoin supply being removed from the market.

Strategy, led by Michael Saylor (formerly MicroStrategy), is expected to have purchased 3,468 BTC through its perpetual preferred stock STRC (Stretch).

Strategy's Stretch (STRC) is estimated to have raised enough funds to purchase 8,000 BTC so far this week. STRC may hold 10,000 BTC by the end of this week.

According to monitoring by BitcoinTreasuries.NET, the preferred shares STRC issued by Strategy raised funds that can purchase over 2500 BTC, equivalent to 5 times the total supply of Bitcoin miners on that day.

VanEck's Preferred Securities ex Financials ETF (PFXF) disclosed the purchase of 1.27 million shares of Strategy's perpetual preferred stock Stretch STRC, valued at $127 million. This accounts for 6% of its net assets in digital credit.

According to monitoring by BitcoinTreasuries.NET, the preferred stock STRC issued by Strategy is expected to raise funds this week to purchase 4,535 bitcoins.