The Case for Raising STRC’s Dividend: 11.5% Is Falling Short
The case for STRC is intact. The case for holding the dividend at 11.5% is no longer. The product works. The mechanism has a blind spot.
Latest Articles
Smarter Web Moves to Launch UK’s First Bitcoin "Preferred" Stock
On 1 June, The Smarter Web Company (LSE: SWC) posted a circular convening a general meeting for 17 June. The headline item is a proposed reduction of its share premium account by £210,000,000, subject to a shareholder vote and confirmation by the High Court, with an effective date expected on or aro...
Headhunting Bitcoin: Inside the XCE Treasury Strategy
An international executive recruitment agency on Aquis is building its Bitcoin treasury position through earned fees, a Bitcoin-denominated convertible program, and accretive equity issuance - while the market prices only half of what Scott Ellam has built. A close look at the XCE treasury model, an...
Strategy Retires Convertible Bonds Early in Major Capital Structure Move
On May 14, Strategy filed an 8-K disclosing the repurchase of approximately $1.5 billion face value of its 0% Convertible Senior Notes due 2029. The company paid an estimated $1.38 billion in cash - below par - to retire the position in privately negotiated transactions. The notes were cancelled on...
Strategy's Hidden Funding Spread - And Why It Changes Everything
When Strategy disclosed its mNAV accretion floor at Q1 2026 earnings, it wasn't issuing guidance. It was publishing the architecture of a synthetic funding curve - and confirming that the metric most investors treat as a sentiment gauge has become the primary variable in the company's cost of capita...
Why Britain Is Losing the Bitcoin Race to America
On April 21, a US combatant commander told the Senate that Bitcoin is a tool for American power projection. The UK held 61,000 BTC in its seized asset register the same week and had no policy. The gap is not accidental.
Strive Announces Daily Dividend Payments for SATA Preferred Stock
Strive announced today, May 14, that SATA will pay dividends every business day beginning June 16. The mechanics are a genuine capital markets innovation. The reason Strive built them is not what the headline suggests.
Inside B HODL: The UK’s First Active Bitcoin Treasury Company
The first UK‑listed company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury is putting its Bitcoin to work. A close look at the model Freddie New is building, and what it means for the UK's emerging Bitcoin treasury ecosystem.
Why Strategy’s $12.5 Billion Q1 Loss Is Actually Bullish
A $12.5 billion net loss dominated the headlines. Strip the accounting and what remains is a company accelerating - more Bitcoin, more preferred capital, and a credit instrument that is becoming the benchmark it set out to be.
Who's Building on Strategy's STRC—and What They're Making
At Bitcoin 2026, Saylor unveiled something larger than a product pitch: nine companies already building financial infrastructure on top of STRC. The instrument has become a base layer.
How Preferred Equity Is Separating Bitcoin Treasury Winners in 2026
Five Bitcoin treasuries, one capital structure spectrum, and a sorting mechanism the market has begun pricing in real time.
MSBT vs. MSTR: Morgan Stanley Enters Strategy's Arena
The fee is 0.14%. The story is nine years of institutional capitulation, 16,000 financial advisors, and $9.3 trillion in client assets finally pointed at Bitcoin.