Articles

Prevalon Energy and Anchorage Digital Back STRC as a Corporate Treasury Instrument

TLDR: Prevalon Energy added STRC to its treasury focusing on capital preservation, liquidity, and long-term financial discipline. Anchorage Digital holds STRC on its balance sheet, aligning its capital with Strategy’s institutional Bitcoin framework. Both companies conducted independent evaluations through their own management teams and boards before allocating STRC. Strategy’s STRC offers an 11.25% annual dividend paid monthly, designed for stable price dynamics in corporate treasuries. Prevalon Energy and Anchorage Digital have publicly announced their allocations of STRC to their corporate treasuries. The disclosures were made during Strategy World 2026 in Las Vegas. Both companies presented during the “Bitcoin for Corporations” track at the conference. Each firm conducted an independent evaluation before committing to the allocation. The announcements were made on behalf of Strategy Inc., listed on Nasdaq under tickers including STRC, MSTR, STRF, STRK, and STRD. Yeste...

Michael Saylor Bets on Solana to Power the Future of Programmable Digital Credit

TLDR: Michael Saylor named Solana as the primary blockchain for deploying programmable digital credit at scale. Strategy’s STRF converts Bitcoin’s economic energy into structured cash flows with principal protection for investors. Saylor introduced BTC rating, BTC risk, and credit spread as core metrics for measuring digital credit risk. A reflexive flywheel effect ties credit creation to Bitcoin demand, driving equity value across the broader ecosystem. Michael Saylor has made a bold claim about the future of programmable digital credit. The Strategy executive chairman recently stated that Solana will serve as the primary blockchain for deploying this next generation of digital credit instruments. His remarks came alongside a detailed breakdown of Strategy’s STRF product and a broader framework for Bitcoin-backed credit. The statement drew attention from across the crypto industry given Saylor’s long-standing association with Bitcoin maximalism. Saylor Points to Solana ...

Circle Revenue Rises 77% as USDC Tops RLUSD Scale

TLDR Circle reported a 77% increase in total revenue and reserve income for Q4 2025. Circle generated $770 million in revenue, including $733 million in reserve income. USDC circulation reached $75.3 billion, rising 72% year over year. On-chain transaction volume hit $11.9 trillion in Q4, up 247% from last year. Circle posted $133 million in net income and $167 million in adjusted EBITDA. Circle reported a 77% year over year increase in total revenue and reserve income for the fourth quarter of 2025. The company linked the growth to higher USDC circulation and reserve income. The latest figures outline a widening scale gap between USDC and Ripple’s RLUSD . Circle Reports Revenue Surge as USDC Circulation Expands Circle posted $770 million in total revenue and reserve income for Q4 2025. The company generated $733 million of that figure from reserve income. Reserve income rose 69% from the previous year. Average USDC circulation expanded 100% during the same period. USDC cl...

t54 Raises $5M Seed Round With Ripple, Franklin Templeton

TLDR t54 Labs raised 5 million dollars in a seed funding round co-led by Franklin Templeton and Ripple. The company builds identity and risk tools for autonomous agents that conduct financial transactions. Anagram and PL Capital joined the round along with several crypto-focused investors. t54 operates on networks including XRP Ledger, Solana, and Base. The startup plans to hire engineers and a developer relations lead to expand its platform. t54 Labs has secured $5 million in seed funding to build a trust layer for agentic finance. Anagram, PL Capital, and Franklin Templeton co-led the round with support from Ripple and others. Founder Chandler Fang confirmed the raise and outlined plans to expand infrastructure and hiring. The San Francisco-based startup launched in January 2025 and focuses on identity and compliance tools for autonomous agents. Fang said no investor received board or advisory seats in the round. He declined to share the valuation or timeline details. Fr...

Bitcoin Momentum Stalls as Stablecoin Liquidity Fails to Rotate Into BTC

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TLDR: Bitcoin faces continued structural pressure amid inactive stablecoin liquidity. Stablecoin Supply Ratio shows negative readings across short, medium, and long-term oscillators. Price rebounds struggle as capital remains in stablecoins instead of spot exposure. Market shift depends on renewed stablecoin demand, not short-term price momentum. Bitcoin continues to trade under structural pressure, with the Stablecoin Supply Ratio (SSR) remaining negative across 90-day, 200-day, and 365-day oscillators. Following a peak above $120,000 mid-year, Bitcoin’s price shifted from expansion to contraction, producing successive lower highs into late Q4 and early Q1. The break below the zero line signaled a structural change in liquidity, reflecting deeper market conditions rather than temporary fluctuations. Stablecoin Supply Remains Dormant Despite Available Capital A compressed SSR indicates that stablecoin supply is large compared to Bitcoin’s market capitalization . During ex...

21Shares Lists STRC ETP Tied to Strategy Bitcoin Yield

TLDR 21Shares has listed the STRC ETP on Euronext Amsterdam under the ticker STRC NA. The product gives European investors exposure to Strategy’s preferred stock linked to its Bitcoin treasury. Strategy currently holds 717,722 BTC valued at about $47 billion dollars. The preferred stock offers a variable dividend set at an annualized rate of 11.25%. 21Shares designed the ETP to allow access through standard brokerage accounts. 21Shares has launched a new exchange-traded product that gives European investors exposure to Strategy ’s preferred stock. The product trades under the ticker STRC NA on Euronext Amsterdam. The listing expands access to Strategy’s Bitcoin-backed yield structure through a regulated exchange vehicle. The company will list the 21Shares Strategy Yield ETP on Thursday. It will offer both institutional and retail investors access through standard brokerage accounts. 21Shares structured the product to track Strategy’s Variable Rate Series A Perpetual “Stretch...

South Korea Moves to Force Crypto Finfluencers to Disclose Holdings Under New Proposed Law

TLDR: South Korea’s Democratic Party is drafting bills requiring finfluencers to disclose crypto holdings and compensation before advising followers. Reports of illegal investment advisory activity surged from 132 cases in 2018 to 1,724 cases in 2024, prompting stricter oversight. Penalties for finfluencer violations are expected to match existing laws on market manipulation and pre-emptive trading in Korea. Researchers are calling for pre-monitoring, post-sanctions, and added social media rules to protect retail crypto investors from misleading advice. South Korea is proposing a law that would require finfluencers to disclose their crypto holdings. Democratic Party lawmaker Kim Seung-won is leading the push with two amendment bills. The legislation targets influencers who advise followers on stocks and virtual assets through social media. Holdings, compensation, and asset quantities would all need to be made public. Reports of illegal investment advisory activity have ...