Strategy STRC Pays Farmer's Father 11.5% Yield, Critics Call It a Bitcoin Bait and Switch
A farmers son posted online that his father received 0.96% more Strategy STRC shares in a single day, and X posts like it, even the skeptical ones, have ignited a debate that cuts to the core of what bitcoin is meant to be. Key Takeaways:Critics like Glenn Cameron warn STRC trades Bitcoin sovereignty for counterparty risk to a sub-investment grade company.Strategy holds a June 8 vote on more frequent dividends, while a 411 $BTC Coinbase Prime transfer sparked brief sell fears. Dad Earns 11.5% on Strategy STRC Shares The post spread quickly across crypto social media this weekend. The son described calling his father after the man noticed the new shares in his brokerage account. His fathers reaction was simple and direct. “Ive never been paid this kind of money just for someone else to hold my money,” the father said. “I mean, someone is always holding it, the bank, the man in the moon, the cow next door, whatever. But nothing like 11 or 12%!” The father, who comes from a farming background, received his returns through Strategys STRC preferred stock, a security currently listed by the company at 11.5% annualized as of May 2026. Strategy sells STRC shares at a $100 stated amount
