Binance has added MicroStrategy’s STRC perpetual preferred stock to its tokenized stock roster, expanding spot trading access on its Binance Stocks platform as the Bitcoin-focused company moves to shore up USD liquidity.
What happened
- On July 6 Binance Stocks announced it will list STRC for spot trading, following a recent launch of perpetual futures tied to the same security. The exchange said fully paid securities lending (FPSL) will be enabled once trades settle, and framed the addition as part of broader efforts to widen users’ trading choices.
- Binance added a slate of other new listings alongside STRC, including Adapti Inc. (ADTI), Antalpha Platform Holding Co. (ANTA), Astronics Corp Class B (ATROB), Cerebras Systems (CBRS), Tema Memory ETF (DISK), Tuttle Capital Pure Play Photonics ETF (FOTO), PLUS Korea Defense Industry Index ETF (KDEF), Kurv Memory Select ETF (KMEM), and Quantinuum Inc. (QNT).
Why this matters
- The listing comes as MicroStrategy sold 3,588 BTC for $216 million to fund dividend payments tied to its Digital Credit securities — a move the company said was meant to cover dividend obligations, not to reduce its long-term Bitcoin exposure.
- Executive Chairman Michael Saylor tweeted that, following the transaction, MicroStrategy holds 843,775 BTC and $2.55 billion in USD reserves (figure dated 7/5/2026). The company previously sold 32 BTC earlier this year to support preferred stock distributions.
Market reaction
- Trading in STRC remained firm despite the BTC sale. STRC closed 0.47% higher at $87.87 after a nearly 22% weekly jump; premarket data showed the preferred stock approaching $89.57 — still below its $100 par value.
- The stock’s recent strength has been attributed to MicroStrategy’s enlarged USD reserves, an announced buyback program for MSTR shares, and a hike in the annual STRC dividend to 12%, all of which have supported investor demand.
- MSTR shares also moved higher, up about 3% in premarket trading to $104.35 after advancing roughly 21% over the previous week.
Crypto market context
- Bitcoin pared some gains as traders took profits following the rebound, trading near $62,900 at the time of the report. 24-hour trading volume rose about 23%, signaling elevated market activity as investors digest MicroStrategy’s capital moves and its ongoing use of preferred securities to finance BTC accumulation.
Bottom line
Binance’s STRC listing gives crypto traders another on-ramp to a high-profile, Bitcoin-linked security just as MicroStrategy tweaks its capital structure and liquidity — a development that’s drawing close attention because of the company’s status as the world’s largest publicly traded corporate Bitcoin holder.
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