Anchorage Digital, the first federally chartered U.S. crypto bank, has added perpetual preferred stock in bitcoin treasury firm Strategy to its balance sheet.

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Anchorage Digital, the first federally chartered U.S. crypto bank, disclosed that it holds perpetual preferred stock in bitcoin treasury firm Strategy on its balance sheet.

The investment underscores institutional confidence in Michael Saylor's bitcoin treasury strategy and signals tightening ties among major bitcoin-focused firms despite market volatility.

Strategy's Short Duration High Yield Credit (STRC) preferred shares, launched in mid-2025, pay an 11.25% annual dividend adjusted monthly to stay near a $100 par value and are backed by the firm's large bitcoin holdings.

Anchorage Digital, the first crypto firm to secure a U.S. banking charter, said Wednesday that its holding perpetual preferred stock in bitcoin treasury firm Strategy on its balance sheet.

Anchorage's CEO Nathan McCauley called it "conviction compounding."

"Institutions don’t just talk about Bitcoin, they structure around it. When the company that operationalizes Bitcoin infrastructure puts capital alongside the company that operationalized the Bitcoin treasury strategy…that's a signal," McCauley said on X.

Launched in mid-2025, STRC pays 11.25% annual dividends to holders. This is paid monthly in cash, with its rate adjusted each month to keep trading stable around the $100 par value.

San Francisco-based Anchorage Digital, the first federally chartered U.S. crypto bank, offers custody, trading, staking, and stablecoin services to institutions. The firm is establishing U.S.-compliant stablecoin rails for international banks, offering faster movement of assets across borders.

View sources >>  Crypto firm with a U.S. bank charter holds Bitcoin Holder Strategy's preferred stock