Automated financial management platform Castle has officially opened its services to individual investors. Through this system update, retail users can choose what percentage of their dividends from Strategy’s STRC preferred stock to convert directly into Bitcoin. Allocation choices are entirely up to users - clients can convert 0%, split a portion, or allocate 100% of their dividends into crypto.
The shares, officially named Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, trade on the Nasdaq exchange. Each share carries a nominal value of $100 and offers a 12% annual dividend rate. This dividend rate takes effect for record dates beginning in September 2026.
The asset transition process does not alter the issuer’s original profit distribution method. Strategy continues to pay STRC dividends in cash. Once the cash arrives in the user’s account, Castle’s system immediately executes Bitcoin purchases on the open market based on the client’s percentage instructions.
Payout Schedule and Institutional Background
The dividend payout cycle occurs twice a month. The dividend record dates fall on the 15th and the final day of each month. Funds are disbursed on the following record date, allowing users to routinely accumulate Bitcoin without manual intervention.
The integration of STRC assets into the Castle platform has been active since early 2026. Throughout the first half of the year, the automated conversion service exclusively served business clients. Its user base was limited to corporate entities such as restaurants, fitness centers or gyms, accounting firms, and even churches.
The expansion into the retail market addresses a longstanding dilemma in portfolio construction. Castle co-founder and CTO João Almeida explained the rationale: “Investors have long faced a choice between earning stable yield and holding Bitcoin. Castle eliminates that compromise.”
Distinct Market Risks
The 12% figure on STRC dividends is not an absolute guaranteed yield. The dividend rate is variable and subject to monthly adjustments. The final realized return depends on the market price of STRC shares when users purchase them on the exchange.
The cash-to-Bitcoin conversion mechanism introduces a separate layer of volatility. Price fluctuations when the system purchases crypto carry their own risks, distinct from the risks of holding STRC shares. Castle sets clear boundaries regarding this: its platform functions strictly to execute transactions and makes no claims of downside protection if the price of either Bitcoin or STRC shares declines.
Reported via crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
