Technology

Art

Binance Adds Spot Trading for Strategy Inc.'s STRC Preferred Stock, Expanding Stock-Crypto Bridge

Arshad Abdhullah

19h ago· 2 min readenNews

finance business cryptocurrency stock trading

Summary

Binance has added spot trading for Strategy Inc.'s STRC perpetual preferred stock, making the 12% yield instrument available to its 300 million users. This listing follows Binance's stock trading service launch, which surpassed $1 billion in assets under management within 30 days. The move bridges cryptocurrency and traditional markets, following Strategy's $216 million BTC sale.

Source

Twitter / XBinance Adds Spot Trading for Strategy Inc.'s STRC Preferred Stock, Expanding Stock-Crypto Bridgebitcointreasuries.net

Key quotes

· 1 pulled

The addition of STRC aligns with Binance's efforts to bridge cryptocurrency and traditional mar

Snippet from the RSS feed

Binance adds spot trading for Michael Saylor’s STRC preferred stock, giving 300M users access to the 12% yield instrument after Strategy’s $216M BTC sale

You might also wanna read

STRC Preferred Stock Drops to $82.53 Intraday Low, Testing Strategy Inc.'s Bitcoin-Backed Credit Model

STRC, Strategy Inc.'s variable-rate preferred stock designed to trade near $100, dropped to an intraday low of $82.53 before recovering to c

news.bitcoin.com·17d ago

STRC preferred stock falls 5.3% below par value as crypto derivatives also crash

Strategy's (formerly MicroStrategy) preferred stock STRC, promoted by Michael Saylor as a competitor to high-yield bank accounts, has fallen

protos.com·1mo ago

Binance Launches Bstocks: Tokenized U.S. Equity Trading with 1:1 Backing

Binance has launched "Bstocks," a new line of fully backed tokenized securities representing select U.S. equities, including Circle Internet

news.bitcoin.com·25d ago

Strategy Sells 32 BTC for $2.5 Million to Fund Preferred Stock Distributions

Strategy (MSTR) sold 32 BTC for $2.5 million to fund preferred stock distributions, marking a notable departure from its long-standing bitco

briefly.co·1mo ago

Strategy's MSTR and STRC Shares Hit 52-Week Lows Amid Market Volatility

Strategy's common stock (MSTR) and preferred shares (STRC) both crashed to 52-week lows on Wednesday, with MSTR falling 9.35% to $94.13 and

decrypt.co·12d ago

STRC faces selling pressure as bitcoin weakness and dividend obligations weigh on Strategy's cash reserves

STRC, a Strategy (MSTR) security, is facing selling pressure due to bitcoin price drawdowns and the ex-dividend date effect. The security is

coindesk.com·1mo ago

Comments

No comments yet. Be the first.