Mixed price dates: September 22, 2026, September 23, 2026 closes · Historical returns end September 15, 2026 · Sources and update method
Independent digital credit research

Understand the income.
See the trade-offs.

Here, digital credit means preferred shares issued by companies that hold digital assets such as Bitcoin or Ether. You buy a share in the company with dividend and priority rights—not the coins themselves. This site compares six of these investments.

Compare income, returns & terms →

Start with your needs

These shares aim to provide income, but dividends can be delayed or omitted under their terms and prices can fall. All six have no scheduled date when your money must be returned.

Start here: scan the choices below, compare their income and rights, then open a security to see what supports its payments.

Which features matter for my situation?
  • When will I need the money? Selling is the usual way to exit; the sale price may be below what you paid. A frequent dividend schedule does not make the investment a cash substitute.
  • Do I need dependable cash income? Compare fixed versus variable rates, missed-payment rights and issuer payment capacity. STRK can pay declared dividends in shares, cash or a mix.
  • How much loss or payment delay can I tolerate? Read the main risk and payment-capacity assessment before focusing on yield. Cumulative dividends do not guarantee prompt payment.
  • What else do I already own? STRF, STRC, STRK and STRD share the same issuer, Strategy. Holding several does not diversify that issuer exposure. For taxable or retirement accounts, check the applicable treatment separately; the figures here are before tax.

Use these questions to narrow your research. The site does not assess your personal finances or select a suitable investment for you.

Explore the securities

Start with these snapshots. Open any security for the full research.

Indicated yields use each security’s displayed closing date and associated snapshot dividend rate. Refreshed and held prices may have different dates; do not treat them as a same-session yield comparison. They assume payments continue and are not forecasts of total return. All six are perpetual preferred shares.

STRF →Strategy

9.63% indicated yield

At $103.80 · September 23, 2026 Nasdaq-reported close · Refreshed

10% fixed

Quarterly

Defining feature

Cash-only dividend terms and priority ahead of STRK.

Explore STRF →Payment details, risks, analysis and price chart

Main risk

No conversion option; cash payments can be delayed and there is no scheduled maturity.

STRC →Strategy

12.13% indicated yield

At $98.91 · September 23, 2026 Nasdaq-reported close · Refreshed

12% variable

Twice monthly

Maintained for periods starting September 16, 2026 (September 1 filing).

Defining feature

Frequent cash dividends with a rate the issuer can adjust.

Explore STRC →Payment details, risks, analysis and price chart

Main risk

The rate can change; a trading price near $100 is an issuer objective, not a guarantee.

STRK →Strategy

10.92% indicated yield

At $73.25 · September 23, 2026 Nasdaq-reported close · Refreshed

8% fixed

Quarterly

Defining feature

Conversion offers potential participation in MSTR common-stock upside.

Explore STRK →Payment details, risks, analysis and price chart

Main risk

Gains are not guaranteed; converting replaces preferred rights with common-stock exposure.

STRD →Strategy

13.66% indicated yield

At $73.22 · September 22, 2026 Nasdaq-reported close · Held — review failed

10% fixed

Quarterly

Defining feature

A fixed contractual dividend rate paid in cash when declared.

Explore STRD →Payment details, risks, analysis and price chart

Main risk

The board can omit dividends without a future obligation to make up undeclared amounts.

SATA →Strive

13.00% indicated yield

At $100.01 · September 23, 2026 Nasdaq-reported close · Refreshed

13% variable

Business-day installments

September 2026 dividend period (August 13 announcement).

Defining feature

Cash installments on business days, with cumulative dividend rights.

Explore SATA →Payment details, risks, analysis and price chart

Main risk

The variable rate and payment conditions mean frequent scheduling is not guaranteed income.

BMNP →Bitmine

9.56% indicated yield

At $99.36 · September 22, 2026 Nasdaq-reported close · Held — review failed

9.5% fixed

Weekly

Defining feature

A fixed contractual rate with weekly cash scheduling and cumulative rights.

Other provider observations differ. See the price discrepancy.

Explore BMNP →Payment details, risks, analysis and price chart

Main risk

Payments can be deferred, and cumulative rights do not assure timely cash or full recovery.

Payment schedules are subject to declaration, applicable conditions and business-day adjustments. These preferred shares are not secured loans or direct ownership of Bitcoin or Ether. Priority does not guarantee recovery.

Two terms worth knowing

Contractual rate versus market yield. The stated rate applies to the contractual amount. Market yield depends on the price you pay; it is not the same as total investment return.

Cumulative versus non-cumulative. Cumulative means unpaid dividends accumulate under the terms. Non-cumulative dividends can be omitted without carrying forward undeclared amounts. Cumulative rights do not guarantee timely cash or recovery.

Research approach & updates

We distinguish governing terms from issuer policy, retain primary-source dates, and independently review changes before publication. Charts are supplied separately by TradingView; research does not update automatically with prices. No fixed publishing cadence is promised.

Closing-price sources: STRF · STRC · STRK · STRD · SATA · BMNP. Calculations by Digital Credit Research.

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