A European version of STRC would avoid the 30% US tax on dividends.
Its investors include Adam Back, Rothschild and Generali.
Alexandre Laizet is the Chief Strategy Officer and CEO of Capital B—the first and largest Bitcoin treasury company in Europe. In this exclusive conversation with CriptoNoticias he tells how they managed to accumulate more than 3,000 BTC. The company has just raised 15 million euros with an option for 100 million more, which would allow it to buy more than 180 bitcoins.
Capital B’s main goal at the moment is to replicate in Europe Strategy’s STRC product, a US-listed perpetual stock with low volatility and a double-figure monthly dividend (11.5%), which Laizet describes as “digital credit” backed by the Bitcoin on the balance sheet. He argues that this model is the most profitable use of his bitcoins—as collateral to issue credit in an automated, daily manner—and that a European version would avoid the U.S. tax, potentially offering higher interest.