Saturn spends $17 million to increase its STRC position, with total holdings rising to approximately $50 million
2026-04-30 13:45
Odaily reports that Saturn, a developer of on-chain yield stablecoins, has announced it purchased approximately $17 million worth of shares related to Strategy's perpetual preferred stock STRC over the past three days, bringing its total holdings to roughly $50 million. Analysts believe Saturn's continued accumulation reflects long-term confidence in STRC's asset structure and yield mechanism, further strengthening its asset allocation within its on-chain yield stablecoin strategy.
