Castle launches Bitcoin savings stack for retail users with flexible dividend options

Bitcoin fintech firm Castle has opened its automated financial stack to individual users, allowing them to receive dividends in cash, Bitcoin, or a combination of both. The platform utilizes the STRC perpetual preferred stock, which offers a 12% annualized dividend paid bi-monthly. Co-founder and CTO João Almeida stated that the feature aims to provide investors with both cash flow and long-term Bitcoin exposure. Previously exclusive to business clients, the platform is backed by investors including Boost VC and Winklevoss Capital.