Anchorage Digital: "We hold Strategy preferred stock… we will build Bitcoin’s future together"

JOON HYOUNG LEE

Summary

Anchorage Digital said it holds Strategy’s perpetual preferred stock Stretch, issued by the world’s largest Bitcoin (BTC) treasury company.
Stretch is a perpetual preferred stock issued by Strategy in July last year, with dividends of about 11.25% per year paid in cash each month.
CEO McCauley said it is a clear signal when a company operating Bitcoin infrastructure puts capital alongside a company that has executed a Bitcoin treasury strategy, adding he looks forward to building Bitcoin’s future together with Strategy.

Anchorage Digital, a U.S. crypto infrastructure firm, has been found to hold preferred shares of Strategy, the world’s largest Bitcoin (BTC) treasury company.

Nathan McCauley, CEO of Anchorage Digital, said on X on the 24th (local time), “Anchorage Digital’s balance sheet holds Strategy’s perpetual preferred stock, Stretch.” Anchorage Digital is a crypto company that became the first in the U.S. to receive a federal charter to establish a bank.

McCauley emphasized that “conviction compounds like interest.” He added, “It’s a clear signal when a company that actually operates Bitcoin infrastructure puts capital alongside a company that has been executing a Bitcoin treasury strategy,” and said, “I look forward to building Bitcoin’s future together with Strategy.”

Meanwhile, Stretch is a perpetual preferred stock issued by Strategy in July last year. Dividends of about 11.25% per year are paid in cash each month.

BTC