STRC
Variable cumulative preferred
Strategy · Listed 29 Jul 2025 · USD
Price
$99.13
Par
$100.00
Coupon
12.00%
Eff. yield
12.11%
Frequency
Daily*
No time series in the seed. This panel reads instrument.series when a source is added.
No time series in the seed. This panel reads instrument.series when a source is added.
Payout schedule
- Monthly from 29 Jul 2025 until 1 Nov 2026
- Daily from 1 Nov 2026
| Modeled date | Kind | Illustrative installment |
|---|---|---|
| 1 Nov 2026 · weekend | Daily | ≈$0.0329 |
| 2 Nov 2026 | Daily | ≈$0.0329 |
| 3 Nov 2026 | Daily | ≈$0.0329 |
| 4 Nov 2026 | Daily | ≈$0.0329 |
| 5 Nov 2026 | Daily | ≈$0.0329 |
| 6 Nov 2026 | Daily | ≈$0.0329 |
| 7 Nov 2026 · weekend | Daily | ≈$0.0329 |
| 8 Nov 2026 · weekend | Daily | ≈$0.0329 |
Identity
Market
Price
$99.13
Par
$100.00
Coupon
Coupon rate
12.00%
Effective yield
12.11%
Rate type
Variable
Rate reset
Monthly
Payout frequency
Spreads
Spread vs T-bills
—
Spread vs 10Y Treasury
—
Spread vs HYG
—
Terms
Total outstanding
—
Seniority
—
Cumulative
Cumulative
Convertible
—
Coverage
Coverage ratio
—
Drawdown to 1x coverage
—
Cash reserve months
—
Trading
Daily dollar volume
$333.52M
30D correlation to BTC
-0.10
90D correlation to BTC
-0.07
30D correlation to issuer common
0.55
90D correlation to issuer common
0.51
30D volatility
8.17%
90D volatility
28.32%
30D Sharpe
0.20
90D Sharpe
2.01
Beta to BTC
-0.07
Days above par
7.17%
Issuance
ATM issuance / week
—
BTC acquired
—
Rate-change history
—