Bitcoin Bonanza: How One Strategy Crushed Goldman Sachs with 3x Gains in Q2
Wall Street's old guard got a crypto wake-up call last quarter—while Goldman Sachs was busy polishing its mahogany desks, a Bitcoin-heavy strategy quietly tripled its returns.
Who needs suits when you've got Satoshi?
The numbers don't lie: When BTC went parabolic, this approach didn't just outperform traditional finance—it left it choking on blockchain dust. No complex derivatives, no 'carefully curated portfolios'—just digital gold doing what it does best.
Meanwhile, investment banks keep pretending they invented volatility hedging. Cute.
$4.2 billion STRC offering
Shortly after releasing its earnings, Strategy filed for a $4.2 billion offering of its new credit instrument, STRC stock.
The firm plans to sell these shares gradually through an at-the-market (ATM) program, factoring in market price and trading volume at each sale.
Proceeds from the offering will be used to purchase additional Bitcoin, cover operational expenses, and potentially pay dividends on other preferred shares.
STRC, a short-term, high-yield preferred stock, was first launched in late July. Each share carries a $100 liquidation preference and pays monthly dividends, starting at an initial annualized rate of 9.00%.
Strategy retains flexibility to adjust the dividend rate depending on Bitcoin’s price, the firm’s leverage ratio, or other BTC-linked metrics. This structure offers yield stability while keeping the stock’s market price close to its par value.
Saylor emphasized that STRC strengthens Strategy’s capital market operations, offering investors both yield and exposure to Bitcoin’s upside.