Bitcoin is currently experiencing significant volatility as it attempts to regain the crucial $67,000 price point, just two days before the monthly March candle closes. Following a drop of over 8.5% in the past two weeks, the cryptocurrency is encountering strong resistance, with its price fluctuating around $66,500.

Amidst this turbulent Bitcoin market, Michael Saylor, Chairman of Strategy, has redirected investor attention to a new financial instrument: perpetual preferred shares under the ticker STRC, also known as Stretch. Saylor recently highlighted STRC as a "safe haven" during market instability.

Saylor's promotion of STRC emphasizes its record-low volatility. Over the last 30 days, STRC has exhibited a volatility of just 2%. According to an infographic shared by Saylor, this figure is lower than that of any company within the S&P 500, as well as major asset classes like gold, bonds, and even Bitcoin itself. Furthermore, the dividend yield on these shares has been increased to an impressive 11.5% annually since March 2026.

STRC has become a primary vehicle for capital raising for Strategy. Saylor intends to use the proceeds generated from these stable shares to aggressively acquire Bitcoin, particularly during market pullbacks. His ambitious goal of accumulating 1 million BTC on Strategy’s balance sheet remains a key focus, whether achievable by the end of 2026 or within the next two years.

While Bitcoin may appear "overstretched" at the moment, Saylor presents Strategy's "digital credit" through STRC as an offering that combines an above-market yield with volatility comparable to a bank deposit. However, the fundamental principle of financial markets—that higher yield typically correlates with higher risk—still applies to this new instrument.