21Shares has launched its Strategy Yield ETN (STRC) on the London Stock Exchange, offering UK investors access to Strategy Inc.'s perpetual preferred shares for the first time. The STRC instrument tracks the Series A perpetual preferred shares, known as "Stretch," which are linked to Strategy Inc.'s Bitcoin-focused reserve policy. As of Wednesday, Strategy Inc. holds 818,334 Bitcoin, representing 3.88% of the total Bitcoin supply. The STRC ETN is positioned as a bridge between digital asset potential and traditional credit stability, with a current yield of 11.50% paid monthly. This launch marks a significant milestone for 21Shares, a subsidiary of FalconX, as it continues to expand in the European market. Following the UK Financial Conduct Authority's lifting of the retail ban in October 2025, 21Shares has captured over 40% of the cryptocurrency ETN market on the London Stock Exchange. The company has also introduced other products, including a Solana staking ETP and a Bitcoin and gold composite ETP, further solidifying its presence in Europe.