[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Orthrus Alliance [@OrthrusAlliance](/creator/twitter/OrthrusAlliance) on x XX followers Created: 2025-07-22 19:34:31 UTC $STRC, $STRF, $STRK, $STRD – the four instruments from Strategy at a glance. Strategy issues financial instruments tailored to different investor profiles. They differ in terms of dividend yield, volatility, and security. Overview: $STRF Dividend: $XX per year (~8.4%) If a dividend payment is skipped, it will be paid back in the next cycle. Highest security level; prioritized above all other instruments in case of insolvency. Volatility: Medium. Comparable to a traditional bond. Particularly attractive for investors looking for cash flow. Performance since launch in March: +40% $STRC (new instrument) Dividend: X% p.a. Fixed price between $XX and $XXX. Price is fixed, dividend is variable. Volatility: Very low. Second-highest security level after STRF. Comparable to a savings account currently yielding X% interest. Attractive for funds that you want to keep readily available. $STRK Dividend: XXX% p.a. Includes a conversion option into stocks (resulting in higher performance than STRF). If a dividend payment is skipped, it will be paid back in the next cycle. Volatility: Medium to high. Third-highest security level after STRC. Comparable to a convertible bond: fixed dividend plus partial participation in the price appreciation of MSTR. Performance since launch in January: +48% $STRD Dividend: XXXX% p.a. Fourth-highest security level after STRK. Dividends can be skipped without the obligation of repayment. Volatility: Medium to low. Performance since launch in June: +10% Financial Situation Strategy holds ten times more Bitcoin compared to its own debt. How are dividends paid? Through beneficial dilution of shares: Currently: $XXX million in dividends per year. $XX billion ATM (At-The-Market) dilution volume since January, with a daily trading liquidity of $X billion. Stress Scenario: If Bitcoin drops by 75%, Strategy would still have enough capital reserves to cover dividend payments for about XX years. Risks The underlying assumption at Strategy is that Bitcoin will continue to rise. The 5-10% dividends are paid based on the assumption that Bitcoin will outperform these dividend obligations on average. If you believe Bitcoin will drop to zero, Strategy won't suit you. Another risk is that you are not in control of your keys. Conclusion These instruments are not a replacement for holding Bitcoin in cold storage. However, they may serve as alternatives to real estate, bonds, and savings accounts. Strategy creates credit instruments backed by its Bitcoin holdings, laying the foundation for the infrastructure of a new financial system.  XXX engagements  **Related Topics** [strd](/topic/strd) [strk](/topic/strk) [volatility](/topic/volatility) [dividend yield](/topic/dividend-yield) [investment](/topic/investment) [$strk](/topic/$strk) [$strc](/topic/$strc) [$strf](/topic/$strf) [Post Link](https://x.com/OrthrusAlliance/status/1947742072083255412)
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Orthrus Alliance @OrthrusAlliance on x XX followers
Created: 2025-07-22 19:34:31 UTC
$STRC, $STRF, $STRK, $STRD – the four instruments from Strategy at a glance.
Strategy issues financial instruments tailored to different investor profiles. They differ in terms of dividend yield, volatility, and security.
Overview:
$STRF
Dividend: $XX per year (~8.4%)
If a dividend payment is skipped, it will be paid back in the next cycle. Highest security level; prioritized above all other instruments in case of insolvency. Volatility: Medium. Comparable to a traditional bond. Particularly attractive for investors looking for cash flow. Performance since launch in March: +40%
$STRC (new instrument)
Dividend: X% p.a.
Fixed price between $XX and $XXX. Price is fixed, dividend is variable. Volatility: Very low. Second-highest security level after STRF. Comparable to a savings account currently yielding X% interest. Attractive for funds that you want to keep readily available.
$STRK
Dividend: XXX% p.a.
Includes a conversion option into stocks (resulting in higher performance than STRF). If a dividend payment is skipped, it will be paid back in the next cycle. Volatility: Medium to high. Third-highest security level after STRC. Comparable to a convertible bond: fixed dividend plus partial participation in the price appreciation of MSTR. Performance since launch in January: +48%
$STRD
Dividend: XXXX% p.a.
Fourth-highest security level after STRK. Dividends can be skipped without the obligation of repayment. Volatility: Medium to low. Performance since launch in June: +10% Financial Situation
Strategy holds ten times more Bitcoin compared to its own debt.
How are dividends paid? Through beneficial dilution of shares:
Currently: $XXX million in dividends per year.
$XX billion ATM (At-The-Market) dilution volume since January, with a daily trading liquidity of $X billion. Stress Scenario: If Bitcoin drops by 75%, Strategy would still have enough capital reserves to cover dividend payments for about XX years.
Risks
The underlying assumption at Strategy is that Bitcoin will continue to rise. The 5-10% dividends are paid based on the assumption that Bitcoin will outperform these dividend obligations on average. If you believe Bitcoin will drop to zero, Strategy won't suit you.
Another risk is that you are not in control of your keys. Conclusion
These instruments are not a replacement for holding Bitcoin in cold storage.
However, they may serve as alternatives to real estate, bonds, and savings accounts.
Strategy creates credit instruments backed by its Bitcoin holdings, laying the foundation for the infrastructure of a new financial system.
XXX engagements
Related Topics strd strk volatility dividend yield investment $strk $strc $strf