Crypto firm with U.S. bank charter holds bitcoin holder Strategy's preferred stock

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto firm with U.S. bank charter holds bitcoin holder Strategy's preferred stock Anchorage Digital, the first federally chartered U.S. crypto bank, has added perpetual preferred stock in bitcoin treasury firm Strategy to its balance sheet. By Omkar Godbole | Edited by Sam Reynolds Feb 25, 2026, 6:28 a.m. Make us preferred on Google Anchorage Digital discloses investment in Strategy's preferred stock. What to know : Anchorage Digital, the first federally chartered U.S. crypto bank, disclosed that it holds perpetual preferred stock in bitcoin treasury firm Strategy to its balance sheet. The investment underscores institutional confidence in Michael Saylor's bitcoin treasury strategy and signals tightening ties among major bitcoin-focused firms despite market volatility. Strategy's Short Duration High Yield Credit (STRC) preferred shares, launched in mid-2025, pay an 11.25% annual dividend adjusted monthly to stay near a $100 par value and are backed by the firm's large bitcoin holdings. Anchorage Digital, the first crypto firm to secure a U.S. banking charter, said Wednesday that its holding perpetual preferred stock in bitcoin treasury firm Strategy on its balance sheet. Anchorage's CEO Nathan McCauley called it "conviction compounding." STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . "Institutions don’t just talk about Bitcoin, they structure around it. When the company that operationalizes Bitcoin infrastructure puts capital alongside the company that operationalized the Bitcoin treasury strategy…that's a signal," McCauley said on X . Saylor responded by saying that " conviction is contagious ," hinting at a possibility of other firms soon following Anchorage's lead in buying Strategy's yield-generating preferred stock. Anchorage's investment is a capital vote for the bitcoin treasury playbook popularized by Michael Saylor's Strategy. The flex also highlights deepening ties among bitcoin's institutional faithful, even as prices wobble. Strategy is the world's largest publicly listed bitcoin holder, boasting a coin stash of 717,722 BTC, worth $46.64 million. Strategy's perpetual preferred stock, Short Duration High Yield Credit (STRC), ranks senior to common shares like MSTR while offering investors steady yields without an expiration date. Launched in mid-2025, STRC pays 11.25% annual dividends to holders. This is paid monthly in cash, with its rate adjusted each month to keep trading stable around the $100 par value. San Francisco-based Anchorage Digital, the first federally chartered U.S. crypto bank offers custody, trading, staking, and stablecoin services to institutions. The firm is establishing U.S.-compliant stablecoin rails for international banks, offering faster movement of assets across borders. Anchorage Digital Strategy Bitcoin News More For You Dogecoin jumps 5% as breakout flips resistance into support By Shaurya Malwa 36 minutes ago The token is consolidating around $0.0940–$0.0945 with higher lows, signaling constructive momentum after the breakout. What to know : Dogecoin broke above a key resistance level at $0.0924 on sharply higher volume, turning it into short-term support. The token is consolidating around $0.0940–$0.0945 with higher lows, signaling constructive momentum after the breakout. Traders now see $0.0940 as the line of defense for bulls, with upside targets near $0.0955–$0.0960 and downside risk back toward $0.0924 if the move fails. Read full story Latest Crypto News Dogecoin jumps 5% as breakout flips resistance into support 36 minutes ago Bitcoin bounces above $65,000 as dollar weakens and bullish hopes build 1 hour ago Crypto wallets for AI agents are creating a new legal frontier, says Electric Capital 8 hours ago Payments giant Stripe reportedly mulling PayPal acquisition. Here is what it means for crypto 8 hours ago Bitwise's Hunter Horsley says AI Is ‘unstoppable freight train’ for crypto, while Haun’s Monica urges caution 9 hours ago Crypto isn't losing to AI, its just 'capitalism doing its job,' says Dragonfly 9 hours ago Top Stories Crypto’s biggest exchange fights back against allegations of moving billions of Iran-linked money 9 hours ago Mark Zuckerberg's Meta is planning stablecoin comeback in the second half of this year 15 hours ago 'If you’re not accumulating bitcoin at this stage, then when,' asks prominent analyst 16 hours ago Millions in crypto funded tools to exploit U.S. software, Treasury says in new sanctions 10 hours ago Coinbase adds stock, ETF trading as it expands beyond crypto 16 hours ago Kraken rolls out crypto-style, 24/7 perpetuals trading for tokenized U.S. stocks 15 hours ago