Sweden-Listed Company Launches Europe's First BTC-Backed Preferred Stock with 10% Annual Dividend

Sweden-listed Bitcoin Treasury Capital has made history by launching Europe's first BTC-backed preferred stock, listed on the Spotlight Stock Market under the ticker symbol PREF.

The security offers a 10% annual dividend with monthly payouts, providing investors with a regular income stream while maintaining exposure to Bitcoin's price movements.

Preferred stocks are hybrid securities that combine features of both stocks and bonds, typically paying fixed dividends and having priority over common stock in the event of liquidation.

The launch represents a novel financial instrument in Europe, where regulatory frameworks for crypto-linked securities are still evolving. By listing on a regulated exchange, the product offers a compliant way for institutional and retail investors to gain Bitcoin exposure through a familiar equity format.