Bitcoin Not Crypto Robinhood lists $STRC (The Bitcoin backed Money market / Stablecoin)
Oct 9, 2025
Discover the significance of STRC's listing on Robinhood, making it more accessible to retail investors. Explore its attractive 10%+ yield and the early price volatility that has stirred concern among investors. Delve into the mechanics of the pegging strategy and how it influences Bitcoin purchases. Learn how STRC can fit into various portfolios, especially for retirees and institutions, while understanding its potential tax implications. Finally, compare STRC's stability against Bitcoin and MSTR, revealing a new layer of investment opportunities.
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What STRC Is And Its Purpose
- STRC is a perpetual preferred stock designed to peg between $99 and $101 while paying a floating interest rate.
- It was issued to raise capital to buy Bitcoin and initially traded well below its peg after IPO.
Robinhood Listing Boosts Accessibility
- Robinhood added STRC to its tradable listings which increases retail accessibility and demand.
- STRC yields around 10.25% annually, producing an effective yield above 10% while still below the $100 peg.
High Yield With Early Volatility
- STRC's high yield attracted interest but its early price volatility and deep initial discount spooked some investors.
- The product launched far below its intended peg, trading in the high 80s to low 90s initially.