How Strategy Defied Bitcoin's 47% Meltdown: Saylor's New Chart Shows

Strategy Chairman Michael Saylor published an annual performance report on digital credit instruments under the Strategy brand on his social media accounts, showing investors a striking divergence between the performance of the company's structured products and the price action of the leading cryptocurrency.

According to the infographic, while "raw" Bitcoin plunged 47% over the past 12 months, the ecosystem's defensive debt securities successfully absorbed the blow, while the flagship STRC instrument even posted a net gain of 9%.

With his publication, Saylor clearly wants to prove that his team is capable of packaging volatile digital capital into predictable instruments protected against drawdowns.

The secret behind the resilience of the chart's leader, STRC shares, lies in an aggressive dividend policy: the board of directors keeps the security's market price near par by promptly adjusting payouts. Their rate was recently raised to 12% annually.

The Strategy lineup itself is divided into senior defensive tranches with fixed coupons (STRD, STRF) and hybrid convertible instruments (STRK), which allowed investor risks to be distributed during the market storm.

What Saylor leaves out of the performance chart