TLDR
- 21Shares has listed the STRC ETP on Euronext Amsterdam under the ticker STRC NA.
- The product gives European investors exposure to Strategy’s preferred stock linked to its Bitcoin treasury.
- Strategy currently holds 717,722 BTC valued at about $47 billion dollars.
- The preferred stock offers a variable dividend set at an annualized rate of 11.25%.
- 21Shares designed the ETP to allow access through standard brokerage accounts.
21Shares has launched a new exchange-traded product that gives European investors exposure to Strategy’s preferred stock. The product trades under the ticker STRC NA on Euronext Amsterdam. The listing expands access to Strategy’s Bitcoin-backed yield structure through a regulated exchange vehicle.
The company will list the 21Shares Strategy Yield ETP on Thursday. It will offer both institutional and retail investors access through standard brokerage accounts.
21Shares structured the product to track Strategy’s Variable Rate Series A Perpetual “Stretch” Preferred Stock. The firm designed the wrapper to simplify access to the underlying preferred shares.
Strategy holds 717,722 BTC in its corporate treasury. The holdings carry a market value of about $47 billion.
The preferred stock offers a variable dividend set at an annualized rate of 11.25%. The dividend links to Strategy’s Bitcoin treasury operations.
21Shares said the ETP acts as a cash-flow bridge between traditional finance and digital assets. The firm aims to combine equity exposure with crypto-linked yield.
Strategy, STRC ETP Expands Bitcoin-Linked Equity Access
21Shares confirmed that the STRC ETP provides exposure to Strategy’s preferred equity rather than direct Bitcoin ownership. The product references the same income stream tied to Strategy’s Bitcoin reserves. However, investors access it through an exchange-traded structure. The listing takes place on Euronext Amsterdam under the ticker STRC NA.
The company stated that the structure removes the need to purchase the preferred shares directly. As a result, investors can trade the instrument through conventional brokerage platforms. The firm said the wrapper increases operational ease for European market participants. It also aligns the product with existing exchange standards.
21Shares President Duncan Moir addressed the launch in a company statement. He said, “By combining high income potential with a familiar exchange-traded structure, STRC offers both institutional and retail investors an efficient and accessible way to add yield to their portfolios.”
Moir added that the product marks the company’s first equity-linked instrument. He said it extends the firm’s digital asset expertise into equity exposure tied to the Bitcoin ecosystem.
21Shares Broadens Product Suite Across Europe and the US
21Shares has operated since 2018 and manages about $5.3 billion in assets. The firm oversees 60 ETPs listed across 13 exchanges as of Monday.
The company continues to expand its global footprint through new listings. It launched the 21Shares Spot SUI ETF under the ticker TSUI on Nasdaq this week.
The new US listing follows a series of recent exchange-traded launches. The firm has focused on regulated crypto-linked products for institutional and retail investors.
21Shares described the Strategy yield product as part of its broader access strategy. The company said it seeks to provide straightforward exposure to digital asset markets.
Moir stated, “Since our inception, we have focused on providing straightforward access to digital assets.” He added that the new product extends that approach into equity-linked exposure tied to Strategy’s Bitcoin treasury.



