Combine 1 c. white chocolate chips, strawberry preserves, and butter in a microwave-safe bowl. Microwave in small increments, stopping to stir, until completely melted. *Be careful not to overheat!
Pour melted chocolate over cereal and stir to coat.
Add powdered sugar and shake to coat.
Sprinkle with additional white chocolate chips and dried strawberries (optional).
Dried Strawberries
Pre-heat oven to 250 degrees.
Slice strawberries thinly and place on a parchment-lined baking sheet.
Bake in 1/2 hour increments, rotating pan every 30 minutes, for 2 or more hours. Flip strawberries after 1 hour.
*Strawberries should be dry, no longer moist, when done.