STRC hits $8.5B AUM, world's most liquid preferred stock, proposes semi-monthly dividends

STRC, a preferred stock built on Bitcoin returns, reached $8.5 billion in assets under management within nine months, becoming the world's most liquid preferred stock with daily liquidity near $400 million. Michael Saylor proposed shifting STRC dividends from monthly to semi-monthly to reduce volatility, pending a shareholder vote in June. The STRC ecosystem's tokenization layer grew to $200 million, aiming for $1 billion soon. Major funds like BlackRock and VanEck hold STRC as a top credit position, highlighting its growing institutional acceptance and market impact.