Latest NewsMarch 12, 2026
Strategy STRC Buys ~7,000 Bitcoin, CEO Warns No Free Lunch
Strategy's STRC preferred stock bought ~7,000 bitcoin this week, hitting 34,000 BTC total. Two Prime CEO Alexander Blume warns the 11.5% yield isn't free.

What to Know
- ~7,000 bitcoin were purchased this week via Strategy's STRC perpetual preferred stock, per market estimates
- STRC currently yields 11.5% with monthly cash distributions and a $100 par value target — but has traded below par on multiple occasions
- Asset manager Strive disclosed a $50 million allocation to STRC, while digital credit firm Apyx holds 255,000 shares total
