Apyx, a dividend-backed stablecoin protocol, bought an additional 33,888 shares of Strategy’s most well-most approved stock instrument STRC, bringing its complete holdings to 288,888 shares valued at approximately $29 million.
We correct supplied extra $STRC ❗️
After shopping an additional 33,888 shares, Apyx now holds 288,888 $STRC.
Enhanced digital credit rating yield is now onchain.
And it’s coming for stablecoins & yield farming. pic.twitter.com/Irfxw3HydJ— Apyx (@apyx_fi) March 18, 2026
The accumulation is share of the protocol’s acknowledged ambition to transform the best STRC holder.
The acquisition comes one week after Apyx added 200,000 STRC shares to its holdings, a trail of accumulation that has intensified at some point of March.
Right this moment we purchased an additional 200,000 $STRC shares.
That brings Apyx’s complete holdings to 255,000 $STRC.
Protect tuned, on fable of extra accumulation is coming… pic.twitter.com/lmT4XhXITI
— Apyx (@apyx_fi) March 11, 2026
Strategy, the project instrument firm that has converted itself into a Bitcoin treasury automobile retaining extra than 761,000 Bitcoin, issued STRC in July 2025 as a most well-most approved equity instrument designed to fund ongoing Bitcoin acquisitions whereas offering investors an 11.5% annualized dividend.
For Apyx, STRC holdings are collateral backing its stablecoin apxUSD, a improvement that routes passe company dividend funds into on-chain yield alternatives.
The protocol now not too long within the past secured custody toughen from BitGo, the institutional digital asset custodian, allowing tidy investors to assemble entry to apxUSD by regulated infrastructure.
In step with info shared by the protocol, Apyx maintains approximately 104% overcollateralization on its stablecoin offerings.
STRC dominates Strategy’s Bitcoin funding
The timing of Apyx’s accumulation coincides with a shift in how Strategy budget its Bitcoin purchases. STRC funding accounted for roughly 75% of Strategy’s most most modern Bitcoin acquisition, up from correct 3% approximately three weeks prior. That transaction noticed Strategy deploy $1.18 billion raised by STRC sales to manufacture Bitcoin, with total stock offerings contributing but any other $396 million. The firm’s complete Bitcoin holdings now signify approximately 3.4% of the asset’s capped 21 million supply.
Trading exercise in STRC has surged alongside these traits. On March 10, the protection recorded its perfect single-day quantity of $409 million.
Yield-bearing stablecoin development
The broader yield-bearing stablecoin sector rose to $22.7 billion in complete market value by March 2026.
JPMorgan analysis suggests this class is increasing roughly 15 times faster than passe stablecoins love Tether’s USDT or Circle’s USDC. JPMorgan analysts venture yield-bearing stablecoins might perchance presumably indirectly capture half of the total stablecoin market, doubtlessly exceeding $150 billion in capitalization.
Apyx closed a funding round valuing it at $300 million, raising capital in under two months. Group info indicates the protocol has grown its STRC-backed stablecoin to extra than $50 million in circulation within weeks of initiate.
Risks tied to leveraged Bitcoin exposure
STRC successfully represents leveraged Bitcoin exposure packaged as a mounted profits product. Have to tranquil Bitcoin prices decline enormously, Strategy might perchance presumably face pressure to lengthen dividend rates to abet STRC’s ultimate looks, doubtlessly straining the firm’s budget.
There are also dilution issues inherent in a security designed to fund continuous asset purchases by ongoing issuance.
Disclosure: This text was edited by Vivian Nguyen. For added info on how we own and review negate, explore our Editorial Protection.
