Saylor: Bitcoin Drops 47% While Strategy’s STRC Gains 9% in a Year

Key Takeaways

• STRC outperformed bitcoin by 56 percentage points over one year.
• Strategy’s other preferred securities recorded losses of 8% to 27%.
• Strategy’s common stock closed about 76% below its year-earlier level.

STRC Outperforms as Bitcoin Declines

STRC outpaced bitcoin by 56 percentage points over the past year, according to a one-year return chart Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor shared Aug. 16 on X. The chart measured returns through the Aug. 14 market close and highlighted the performance gap between bitcoin and Strategy’s income-producing securities during the downturn.

Saylor wrote:

“Over the past year, $BTC fell 47%. Our Digital Credit instruments ranged from -27% to +9%, with $STRC up 9%.”

The accompanying chart showed STRD declining 8%, STRF losing 9% and STRK falling 27%, with bitcoin trading near $63,000 on Aug. 16. Strategy stated that the one-year calculations covered Aug. 14, 2025, through Aug. 14 and included cash dividends and distributions, making the figures broader than share-price changes alone.

Stretch, trading under the STRC ticker, is a perpetual preferred stock with a variable annualized dividend rate designed to encourage trading near its $100 stated value. Strategy’s official STRC information page lists a 12% annualized rate for August, with cash dividends payable semi-monthly, subject to board declaration.