Introducing the Saturn PT-USDat Loop Vault. @Hyperithm managed vault initially targeting 5x leverage exposure to PT-USDat on @Monad. Verification by @AccountableData. Max capacity: $1M. Details below.

Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC's BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR

From August 4-13, Saturn will double points on the January 14, 2027 USDat and sUSDat @Pendle_fi markets on @Monad. Double points before August 8 count as Gravity Points (Season 1). Double points starting August 9 count as Orbital Points (Season 2). Full details below.

Following $100M+ deposited across @Pendle_fi markets, Saturn is launching its second maturity, starting on @Monad. All points accrued before August 9, 2026 will count toward Season 1 - points accrued after that date will count toward Season 2. Maturity: January 14, 2027

Over the next two weeks, $5,000 of incentives will be allocated to the Saturn Vault on @Monad. The incentive allocation is subject to increase based on borrow demand. Additional details below.

.@Strategy put Bitcoin on the balance sheet. @saturn_credit put STRC onchain. 🪐 Saturn has arrived on Mezo! Swap, add liquidity, and earn emissions 👇

Saturn USDat (26 Aug 2026) is now live on @Monad! Oh and starting on July 23, 470k $MON in incentives will flow to YTs over 2 weeks. Trade, speculate, or lock in fixed yield on @saturn_credit's T-Bill backed stablecoin 🪐

Saturn's USDat @Pendle_fi market is now live on @Monad. Users can access fixed and variable rates on Saturn's Treasury bill-backed positions. $STRC-collateralized strategies coming to Monad soon. First maturity: 26 August 2026.

Saturn is now live on @Monad. Structured products powered by $STRC and U.S. Treasuries are now integrated across the Monad ecosystem. $STRCFi accelerates. Full details below.

Saturn Recap | June 29 - July 3, 2026 $0 in liquidations across all Saturn assets, with $STRC ranging from a low of $77.06 to a high of $90.08 last week. srUSDat experienced a 0% drawdown and continued paying 7.79% APY. STRC Outlook @Saylor gave STRC, MSTR, and BTC holders clarity with the Digital Credit Capital Framework - concrete numbers for common stock sales and buybacks, digital credit buybacks, and potential BTC sales. @Strategy also confirmed a semi-monthly dividend at a 12% rate, payable July 15th, and raised USD reserve coverage to 17.4 months. While holding cash creates drag, and paying dividends with it would signal distress, STRC's recent discount shows the market still values the cushion cash reserves provide. Core Metrics as of July 6 Protocol TVL: $184.46M (up ~$12M on the week) USDat: $106.20M - 100% backed by U.S. Treasury Bills - Secondary price held consistently at $1.00 sUSDat: $82.92M - Backed by $78.26M STRC and $4.66M USDat - Fair value $0.91, secondary market price $0.89 - APY: 25.46% (assumes purchasing at current price and selling at $100) - Withdraw queue: $14.60M srUSDat: $5.47M - Price: $1.01 - APY: 7.79%, rate unchanged through market volatility - Zero NAV drawdown YTD - Collateral coverage: 135%, recovered from 115% - safety significantly improved jrUSDat: $1.87M - Price: $0.31 - Absorbed sUSDat volatility, substantial upside remains - APY: 32.58% Morpho - sUSDat/AUSD: $7.51M lent, $0.74M remaining liquidity, $0 in liquidations - PT-USDat-27AUG2026/USDC: $6.34M lent, $0.62M remaining liquidity, $0 in liquidations - PT-USDat-27AUG2026/AUSD: $2.33M lent, $0.21M remaining liquidity, $0 in liquidations - PT-sUSDat/USDC: $1.84M lent, $0.17M remaining liquidity, $0 in liquidations - PT-srUSDat/USDC: $0.34M lent, $0.03M remaining liquidity, $0 in liquidations Pendle: $110.10M - Ethereum Mainnet: $85.81M - BNB Chain: $24.29M Pendle APYs: - PT-USDat APY: 7.88% (Ethereum Mainnet), 9.36% (BNB Chain) - PT-sUSDat APY: 12.10% (Ethereum Mainnet), 14.83% (BNB Chain) - PT-srUSDat APY: 11.17% (Ethereum Mainnet) - PT-jrUSDat APY: 29.83% (Ethereum Mainnet)

Strategy announces a Digital Credit Capital Framework designed to strengthen Digital Credit, enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation. $MSTR $STRC

Saturn Recap | June 15 - 22, 2026 $STRC experienced its sharpest drawdown to date, falling to $82.53 on June 18 before closing the week at $88.59. Despite this, @Saturn_credit's asset-isolated model performed as designed - no abnormal liquidations or bad debt. The standout was srUSDat, which experienced zero NAV drawdown and continued paying 7.80% APY through the depeg. STRC Outlook Semi-monthly dividend distributions confirmed, and a 1M VWAP of $94.09 puts a 50bps coupon increase in range - two positive catalysts coming into July. Core Metrics as of June 23 Protocol TVL: $198.40M (down ~$10M on the week) USDat: $116.41M - 100% backed by U.S. Treasury Bills - Secondary price held at $1.00 throughout the drawdown sUSDat: $88.62M - Backed by $81.99M STRC and $6.63M USDat - Secondary price $0.90, intraday low of $0.80 on June 18 - APY: 23.69% - Redemption queue: $9.80M, $1-2M processed daily, no abnormal activity srUSDat: $7.42M - Price: $1.01 - APY: 7.80%, also unchanged rates during depeg event - Zero NAV drawdown during depeg event jrUSDat: $2.06M - Price: $0.51 - APY: 19.11% - Coverage ratio: 127.80%, recovered from a low of 114.50% Morpho - PT-USDat/USDC: $11.53M borrowed, $2.01M liquidity, $0 in liquidations last week - sUSDat/AUSD: $9.13M borrowed, $1.18M liquidity, $0.75M in liquidations last week - PT-sUSDat/USDC: $3.93M borrowed, $0.41M liquidity, $6500 in liquidations last week - PT-USDat/AUSD: $2.11M borrowed, $0.61M liquidity, $0 in liquidations last week - PT-srUSDat/USDC: $0.68M borrowed, $0.10M liquidity, $0 in liquidations last week Pendle: $114.13M - Ethereum Mainnet: $89.58M - BNB Chain: $24.55M Pendle APYs: - PT-USDat APY: 7.67% (Ethereum Mainnet), 8.90% (BNB Chain) - PT-sUSDat APY: 10.99% (Ethereum Mainnet) - PT-srUSDat APY: 12.16% (Ethereum Mainnet) - PT-jrUSDat APY: 16.82% (Ethereum Mainnet) The thesis for STRCFi remains unchanged. Onwards.

Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363. $MSTR $STRC