What is STRC?
STRC is a preferred stock issued by Strategy Inc. (formerly MicroStrategy), the company holding over 760,000 Bitcoin. It trades on Nasdaq like a regular stock and is available on Roxom through One-Click Trade. Key characteristics:- Pays 11.5% per year, deposited monthly
- Dividends are paid in BTC — Roxom automatically converts the USD dividend into Bitcoin and credits your account
- Designed to trade near $100 (par value)
- Not a perpetual contract — STRC is a tokenized stock, not a derivative
- Classified as Return of Capital (ROC) for dividend purposes, meaning distributions are not subject to U.S. withholding tax
STRC is a yield-bearing instrument, not a growth asset. You buy it for steady monthly BTC income, not for price appreciation.
How STRC works
Preferred stock basics
A preferred stock sits between bonds and common stock in a company’s capital structure. As a preferred holder, you:- Receive regular dividend payments before common shareholders
- Have priority over common shareholders if the company faces financial difficulties
- Do not get voting rights or participate in stock price upside
How STRC stays near $100
Unlike most preferred stocks that have a fixed dividend rate, STRC uses an adjustable rate mechanism:- If STRC dips below $100, the board raises the dividend rate to attract more buyers
- If STRC trades above $100, the rate is lowered or new shares are issued to bring the price back down
Where the dividends come from
Strategy’s common stock (MSTR) trades at a premium to the Bitcoin it holds. Strategy sells new MSTR shares through ATM (at-the-market) programs, and the proceeds fund a USD Reserve used to pay STRC dividends.- The USD Reserve holds approximately $2.25 billion (as of early 2026)
- Total annual preferred dividend obligations exceed $1 billion
- The reserve covers roughly 2 years of payments without any new capital raises
How dividends work on Roxom
When STRC pays a dividend, Roxom converts it to BTC and credits your account automatically.Key dates to know
| Date | What it means |
|---|---|
| Ex-Dividend Date | You must hold STRC before this date to be eligible for the next dividend |
| Payment Date | The date the dividend is paid. Roxom converts to BTC at the BTC/USD rate at the end of this date |
Upcoming dividend schedule
| Dividend | Ex-Dividend Date | Payment Date |
|---|---|---|
| Next | April 15, 2026 | April 30, 2026 |
| Following | May 15, 2026 | May 31, 2026 |
Dividend calculation
STRC dividends are classified as Return of Capital (ROC), which means they are not subject to the 30% U.S. withholding tax. No deductions are applied:- Annual dividend: ~$1,150
- Monthly dividend: ~$96
- Converted to BTC at the Payment Date rate
How to buy STRC on Roxom
You can buy STRC directly with Bitcoin through One-Click Trade.Go to the STRC trading page
Navigate to roxom.com/exchange/spot/express?asset=STRC, or search for STRC in the One-Click Trade interface.
Enter the amount of BTC to spend
In You Pay, enter how much BTC you want to swap for STRC. You can also click MAX to use your full available balance.
Review and confirm the quote
A quote appears showing how many STRC shares you will receive. You have 10 seconds to confirm before the quote refreshes.Click Confirm Buy to execute the swap.
Trading details
- Trading hours: Monday–Friday, 9:30 AM – 4:00 PM EST (U.S. market hours)
- Minimum trade: 0.0001 BTC (10,000 sats)
- Maximum trade: 0.1 BTC per operation
- Fees: No explicit trading fees on One-Click Trade
Risks to consider
STRC offers a high yield, but the risks are real:- Funding model dependency — Dividends are funded by selling MSTR shares at a premium to their Bitcoin value. In a prolonged bear market, this premium could compress, making it harder to sustain payments
- Not a guaranteed peg — The 100
- Company credit risk — STRC is an unsecured claim on Strategy Inc. You do not have direct access to the underlying Bitcoin
- No ownership rights — As with all tokenized assets on Roxom, STRC tokens provide economic exposure only. You do not have voting rights or direct shareholder status. See Understanding tokenized assets
Quick summary
| Detail | Value |
|---|---|
| Ticker | STRC |
| Issuer | Strategy Inc. (formerly MicroStrategy) |
| Type | Preferred stock (tokenized) |
| Annual yield | 11.5% |
| Payment frequency | Monthly |
| Dividend currency on Roxom | BTC |
| Tax classification | Return of Capital (ROC) — no withholding tax |
| Target price | ~$100 (par value) |
| Where to buy | One-Click Trade |
| Official page | strategy.com/stretch |