21Shares has launched a new investment product offering European investors access to a preferred stock issued by Michael Saylor’s Strategy, the largest public holder of Bitcoin. The ETP, listed as STRC NA on Euronext Amsterdam, provides dividends backed by Strategy’s 717,722 BTC treasury, valued at $47 billion, with an 11.25% annualized rate.

The 21Shares Strategy Yield ETP bridges traditional finance and Strategy’s Bitcoin treasury, offering a cash-flow solution for European investors. Designed to be easily accessible through standard brokerage accounts, the ETP aims to provide both institutional and retail investors with high income potential and yield in their portfolios.

21Shares expands its offerings with the launch of its first equity-linked product, moving beyond its crypto-only ETP lineup to provide exposure to digital assets. Managing about $5.3 billion across 60 ETPs on 13 exchanges globally, 21Shares continues its global expansion with the launch of a new ETF in the US, the 21Shares Spot SUI ETF (TSUI), trading on Nasdaq.

Read more at Cointelegraph: 21Shares Launches Strategy Yield ETP in Europe