Saylor says STRC resembles a bank account yielding 24% a year for New Yorkers

Strategy founder Michael Saylor highlighted the high dividend yield and liquidity of the company’s preferred stock STRC. According to Bitcoin Treasuries, Saylor said at a recent ParaFi Investor Day event that STRC is like a bank account paying 24% annually for New York residents, while private credit may offer a 9% yield but comes with lower liquidity and limited access. Saylor added that STRC is transparent and highly liquid, and argued it is the world’s strongest credit instrument, offering returns about twice as high as most other credit products.

Source: Coinness