Apyx, a dividend-backed stablecoin protocol, acquired a further 33,888 shares of Technique’s most popular inventory instrument STRC, bringing its complete holdings to 288,888 shares valued at roughly $29 million.
We simply purchased extra $STRC ❗️
After buying a further 33,888 shares, Apyx now holds 288,888 $STRC.
Enhanced digital credit score yield is now onchain.
And it is coming for stablecoins & yield farming. pic.twitter.com/Irfxw3HydJ— Apyx (@apyx_fi) March 18, 2026
The buildup is a part of the protocol’s acknowledged ambition to develop into the biggest STRC holder.
The acquisition comes one week after Apyx added 200,000 STRC shares to its holdings, a tempo of accumulation that has intensified all through March.
Immediately we bought a further 200,000 $STRC shares.
That brings Apyx’s complete holdings to 255,000 $STRC.
Keep tuned, as a result of extra accumulation is coming… pic.twitter.com/lmT4XhXITI
— Apyx (@apyx_fi) March 11, 2026
Technique, the enterprise software program firm that has transformed itself right into a Bitcoin treasury automobile holding greater than 761,000 Bitcoin, issued STRC in July 2025 as a most popular fairness instrument designed to fund ongoing Bitcoin acquisitions whereas providing buyers an 11.5% annualized dividend.
For Apyx, STRC holdings are collateral backing its stablecoin apxUSD, a construction that routes conventional company dividend funds into on-chain yield alternatives.
The protocol just lately secured custody assist from BitGo, the institutional digital asset custodian, permitting giant buyers to entry apxUSD via regulated infrastructure.
In response to knowledge shared by the protocol, Apyx maintains roughly 104% overcollateralization on its stablecoin choices.
STRC dominates Technique’s Bitcoin funding
The timing of Apyx’s accumulation coincides with a shift in how Technique funds its Bitcoin purchases. STRC funding accounted for roughly 75% of Technique’s most up-to-date Bitcoin acquisition, up from simply 3% roughly three weeks prior. That transaction noticed Technique deploy $1.18 billion raised via STRC gross sales to accumulate Bitcoin, with widespread inventory choices contributing one other $396 million. The corporate’s complete Bitcoin holdings now symbolize roughly 3.4% of the asset’s capped 21 million provide.
Buying and selling exercise in STRC has surged alongside these developments. On March 10, the safety recorded its highest single-day quantity of $409 million.
Yield-bearing stablecoin development
The broader yield-bearing stablecoin sector rose to $22.7 billion in complete market worth by March 2026.
JPMorgan analysis suggests this class is increasing roughly 15 instances quicker than conventional stablecoins like Tether’s USDT or Circle’s USDC. JPMorgan analysts mission yield-bearing stablecoins may ultimately seize half of the whole stablecoin market, probably exceeding $150 billion in capitalization.
Apyx closed a funding spherical valuing it at $300 million, elevating capital in underneath two months. Group knowledge signifies the protocol has grown its STRC-backed stablecoin to greater than $50 million in circulation inside weeks of launch.
Dangers tied to leveraged Bitcoin publicity
STRC successfully represents leveraged Bitcoin publicity packaged as a hard and fast earnings product. Ought to Bitcoin costs decline considerably, Technique would possibly face strain to extend dividend charges to take care of STRC’s attractiveness, probably straining the corporate’s funds.
There are additionally dilution issues inherent in a safety designed to fund steady asset purchases via ongoing issuance.
Disclosure: This text was edited by Vivian Nguyen. For extra info on how we create and evaluate content material, see our Editorial Coverage.
