Anchorage Digital holds Strategy's preferred stock

Anchorage Digital, the first federally chartered U.S. crypto bank, has invested in perpetual preferred stock issued by Strategy, a prominent bitcoin treasury firm. CEO Nathan McCauley described the move as “conviction compounding,” emphasizing the growing institutional acceptance of Bitcoin. This investment demonstrates a capital vote for the bitcoin treasury playbook popularized by Michael Saylor's Strategy, and highlights strengthening relationships within the institutional bitcoin community. Strategy currently holds 717,722 BTC, valued at $46.64 million. The preferred stock, STRC, offers investors steady yields without an expiration date, currently at 11.25% annually. Anchorage Digital provides custody, trading, staking, and stablecoin services to institutions and is working on U.S.-compliant stablecoin rails for international banks.

(Source：CoinDesk)