Strategy Yield ETN Gives UK Investors Exposure to Bitcoin Giant's STRC Shares

Crypto plus manager 21Shares launched the Strategy Yield ETN (STRC) connected the London Stock Exchange connected Wednesday, marking its archetypal U.K. merchandise offering vulnerability to Strategy's Bitcoin-backed preferred shares.

STRC provides exchange-traded entree to Stretch, a adaptable complaint Series A perpetual preferred banal issued by apical Bitcoin treasury firm, Strategy Inc. The preferred shares connection investors output vulnerability backed by the bundle company's monolithic Bitcoin holdings.

The ETN presently delivers an 11.50% yearly output paid monthly successful currency with tax-deferred status, according to the announcement. The organisation complaint undergoes monthly reappraisal to enactment terms stableness and includes a level tied to short-term involvement rates.

21Shares charges nary absorption interest connected the ETN, creating a fee-free operation for U.K. investors seeking vulnerability to Strategy's Bitcoin-backed securities.

“The listing of the 21shares Strategy Yield ETN connected the London Stock Exchange is simply a definitive infinitesimal for the U.K. market,” said 21 Shares President Duncan Moir, successful a statement. “We are introducing an easy-to-access concern merchandise that combines precocious income imaginable with a acquainted speech traded structure. By bringing this strategy to the LSE, we are giving U.K. investors an innovative instrumentality to make income that simply was not accessible successful an ETN wrapper before.” 

Strategy, the Tysons, Virginia-based concern quality bundle institution turned Bitcoin accumulator, has emerged arsenic the world's largest firm BTC holder. The steadfast presently holds 818,334 BTC valued astatine astir $67 billion.

While the steadfast primitively utilized issuance of its communal MSTR shares to substance Bitcoin buys, the institution has precocious seen increasing involvement successful its STRC shares, which person allowed Strategy to rise $5.58 cardinal truthful acold successful 2026 to acquisition BTC. The 21Shares merchandise allows U.K. traders to summation the aforesaid level of output from the underlying Strategy preferred shares.

“STRC is an innovation successful the superior markets that provides the upside of a Bitcoin-backed security, with the stableness of a accepted recognition product,” said Strategy President and CEO Phong Le, successful a statement. “Through 21Shares’ exchange-traded product, we’re expanding entree for U.K. investors to a caller superior model—one that didn’t beryllium 5 years ago, and 1 we judge volition assistance signifier the adjacent 50 [years].” 

On Tuesday, Strategy revealed a $14.5 cardinal archetypal 4th loss owed to the declining worth of its Bitcoin holdings, outpacing a $14.4 cardinal nonaccomplishment successful Q4 2025. However, the institution continues amassing BTC and has seen its stock terms surge successful caller weeks arsenic Bitcoin itself rebounds.

MSTR was precocious trading astatine $183.45, per Yahoo Finance, up astir 44% implicit the past month. Bitcoin itself has climbed astir 18% successful the past period to a caller terms of $81,750, rising aft a dip to astir $60,000 earlier this year. Bitcoin remains astir 35% disconnected its precocious people supra $126,000 acceptable past October.