The exchange confirmed that fully paid securities lending for STRC will activate once initial trades settle. This listing is part of a broader expansion on Binance Stocks, which recently added several other assets including Adapti Inc. (ADTI), Cerebras Systems (CBRS), and Quantinuum Inc. (QNT).
Executive Chairman Michael Saylor clarified that the latest Bitcoin sale was specifically earmarked to fund dividends for the firm’s Digital Credit securities rather than indicating a shift in long-term treasury policy. Despite the divestment, the company holds $2.55 billion in USD reserves, bolstering investor confidence. Market reaction remained robust; STRC climbed nearly 2% in premarket trading to $89.57, while MSTR shares gained over 3% as Bitcoin hovered near $62,900. The company’s decision to increase its STRC annual dividend to 12% continues to drive demand for the security as it navigates the balance between aggressive Bitcoin accumulation and servicing its credit products.
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