TechFlow reports that, according to Cointelegraph, trading volume for STRC preferred shares—issued by Michael Saylor’s Strategy company—surged this week (U.S. Eastern Time), potentially raising over $300 million for Bitcoin purchases.
STRC is a yield-bearing preferred stock launched by Strategy in July 2025 to fund its Bitcoin acquisition strategy. According to BitcoinQuant data, STRC trading volume this week totaled approximately $777 million, with roughly 97% ($755 million) traded above the $100 par value. Assuming a 40% capture rate, the net proceeds are expected to reach approximately $302 million—sufficient to purchase roughly 4,334 Bitcoins.
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