Castle Lets Regular People Earn 12% Yield and Get Paid in Bitcoin

Have you ever wished you could earn steady income from your savings AND own bitcoin at the same time? A company called Castle says it now makes this possible for everyday people, not just businesses.

Until now, Castle only worked with companies — restaurants, gyms, churches, online shops, and more. But so many business owners asked to use it for their personal money that Castle has finally opened its platform to individuals.

How the earnings work: The income comes from something called STRC, a type of perpetual preferred stock (a special kind of investment that pays regular, fixed payments — like earning interest — from a company called Strategy).

• STRC currently pays a 12% annual dividend (a dividend is a regular cash payout to people who own the stock)
• Payments come twice a month (semi-monthly)

The bitcoin twist: Here's the new part. When you get your payout, you can choose how to receive it:

• 100% in cash
• 100% in bitcoin
• Any mix in between

Most customers choose the middle option — they take some cash to cover everyday expenses, and the rest is automatically turned into bitcoin at every payout. This means your bitcoin savings grow on autopilot.

Why it matters: Normally, people had to pick between earning steady income OR holding bitcoin (a digital currency that can rise a lot in value over time). Castle says you no longer have to choose — you can get both.

The company's other big selling point is simplicity. Instead of juggling a bank account, a crypto exchange, and a stock brokerage separately, Castle puts your cash, fixed income, and bitcoin savings all in one place. You set your plan once, and the system does the rest automatically.

Castle was founded by Stephen Cole and João Almeida, and is backed by well-known investors Boost VC and Winklevoss Capital.

The bottom line: Castle is trying to make it easy for regular people to earn a healthy income while quietly building up their bitcoin holdings — all without lifting a finger after the initial setup.

This is an AI-generated summary. Read the original article at: https://bitcoinmagazine.com/news/castle-opens-savings-stack-individuals