On January 6, according to CoinDesk, Buck Labs launched the cryptocurrency BUCK, positioned as a "Savings Coin" aimed at non-U.S. users, primarily offering passive income for dollar-denominated crypto assets rather than traditional stablecoins. BUCK is initially priced at $1, with no hard dollar peg, and its price can fluctuate with the market. Its returns are indirectly derived from Strategy (MSTR)-related assets: the Buck fund will hold STRC perpetual preferred shares linked to Bitcoin, which pay periodic dividends to the treasury and are used to distribute returns to BUCK holders, with an annualized target of approximately 7%, accruing by the minute. Buck Labs emphasizes that Michael Saylor and Strategy are not involved, sponsored, or endorsed by this project. BUCK