Strategy CEO says 80% of STRC investors are retail

Approximately 80% of investors in Strategy's (MSTR) high-yield, low-volatility preferred stock, STRC, are retail investors, Cointelegraph reported. Strategy CEO Phong Le stated that this trend shows a preference among retail investors for low-volatility, high-yield "Digital Credit" products. In a separate interview with CNBC, Strategy founder Michael Saylor described the product as an alternative for those who want to invest in Bitcoin's long-term value but are wary of short-term price fluctuations. He explained that STRC is designed as a perpetual security with no maturity date, offering an annual dividend of around 11.5%. The dividend rate is adjusted based on market conditions, with the objective of maintaining a stable price.