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Bitcoin Strategy Expands as STRC Hits $1.1B

Strategy’s STRC Hits Record Trading Volume Amid Bitcoin Accumulation

  • STRC recorded a daily trading volume of approximately $1.1 billion on April 13, setting a new all-time high.
  • The stock traded near its $100 par value, enabling Strategy to fund the purchase of an estimated 7,800 to 10,834 BTC.
  • Michael Saylor’s Strategy acquired 13,927 BTC for about $1.001 billion, bringing total holdings to 780,897 BTC.

On April 13, Strategy’s STRC achieved a record trading volume of roughly $1.1 billion, which significantly boosted the company’s Bitcoin acquisition strategy by funding the purchase of thousands of BTC.

This milestone underscores Strategy’s ability to leverage STRC’s liquidity for substantial Bitcoin purchases, maintaining its position as the world’s largest corporate Bitcoin holder with nearly 780,897 BTC. (Source)

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