Three Firms Add Strategy’s Preferred Credit Instrument, Stock Targets $140
Prevalon Energy, Anchorage Digital and OranjeBTC added Strategy’s STRC preferred shares to their treasuries after the instrument returned to its $100 par value with an 11.25% annual dividend. STRC’s adoption by major firms and recent technical support at the 20-day EMA bolster prospects for Strategy’s stock to push above $140.
1. Corporate Adoption of Preferred Instrument
Prevalon Energy CFO Benjamin Hunnewell announced STRC allocation in its treasury to enhance capital preservation strategies. Anchorage Digital became the first federally chartered U.S. crypto bank to hold the instrument, and OranjeBTC confirmed its own STRC allocation during presentations at Strategy World 2026 in Las Vegas.
2. Preferred Instrument Features and Institutional Validation
STRC returned to its $100 par value and carries an 11.25% annual dividend paid monthly, ranking senior to common shares. 21Shares will introduce STRC exposure to European investors via a yield ETP on Euronext Amsterdam, while Morgan Stanley plans to offer Bitcoin trading, lending, yield and custody services.
3. Technical Outlook for Strategy Stock
STRC’s stability at par coincides with Strategy’s common shares trading above the 20-day EMA, suggesting renewed bullish momentum. Immediate resistance sits at $140-$145, with a potential break above $140 setting up a test of $155, and key support at the 20-day EMA and the $130 level.