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. 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.(Coindesk)