Michael Saylor strongly advocates for STRC, calling it a less volatile alternative to BTC and MSTR.
CoinFeed reported on May 11th that, according to Bitcoin.com, Strategy Executive Chairman Michael Saylor recently explained the low-volatility positioning of STRC as a Bitcoin-related investment vehicle. STRC is Strategy's perpetual preferred stock with an annual dividend yield of 11.50%, paid monthly in cash. The dividend yield is adjusted monthly to encourage trading near its $100 par value and reduce price volatility. Saylor stated that STRC is a credit product designed for income, stability, liquidity, and principal protection, backed by the company's Bitcoin and USD assets. The preferred stock structure is more scalable and durable than debt. Strategy has proposed changing the STRC dividend payment frequency from once a month to twice a month (on the 15th and at the end of the month), while maintaining the same total annual dividend, aiming to stabilize prices, mitigate cyclicality, and improve liquidity.