Anchorage Digital discloses holding in Strategy’s STRC, signals long-term conviction

Crypto bank Anchorage Digital revealed via its CEO, Nathan McCauley, that it holds Strategy's STRC perpetual preferred stock on its balance sheet. McCauley framed this investment as a signal of strategic alignment between the Bitcoin infrastructure operator (Anchorage) and the world's largest digital asset treasury company (Strategy). While the size and timing of the holding were not disclosed, Strategy's STRC is a Nasdaq-listed security that pays an 11.25% annual dividend and historically funds Strategy's Bitcoin purchases. Michael Saylor, Strategy's executive chairman, endorsed the move, stating, "Conviction is contagious." This disclosure follows recent positive developments for Anchorage Digital, including a $100 million equity investment from Tether at a $4.2 billion valuation.

(Source：The Block)