STRC Soars as Wall Street Replaces Retail Investors

Michael Saylor has shifted his focus from Bitcoin to STRC in recent months. According to data shared by Saylor, STRC is becoming a significant holding across three major US preferred stock ETFs: BlackRock's iShares Preferred and Income Securities ETF (PPF), Virtus Infracap US Preferred Stock ETF (PFFA), and VanEck Preferred Securities ex Financials ETF (PFXF). These funds now hold approximately $756 million worth of STRC.

The ownership trend also indicates a decline in retail ownership from 78% in March to 71% by July, while institutional participation has increased. The average institutional allocation climbed 105%, reaching roughly $3.5 million per position.

This shift suggests that larger investors are gradually building strategic exposure to STRC as retail dominance fades. The data points towards growing acceptance of digital credit products within traditional financial markets.