
STRC: as Strategy's treasury reserve certificate ! rather than another perpetual preferred !
Published: December 24, 2025
Duration: 31:20
Research
Mosaic
STRC Course
As of late 2025, Strategy Inc. has successfully transitioned from its origins in enterprise software to become the world's premier issuer of Digital Credit, underpinned by a massive corporate Bitcoin treasury. This evolution reached a critical milestone in December 2025, when the company shifted its operational focus from aggressive Bitcoin acquisition to a defensive "Security Phase." This transition is characterized by the accumulation of a substantial USD liquidity layer intended to protect the company's financial structure from market volatility.A cornerstone of this new financial ecosystem is the...