Strategy’s STRC Preferred Stock Accelerates Bitcoin Accumulation
- Strategy has acquired over 3,500 Bitcoin (BTC) this week through STRC share sales.
- The implied buying power of Strategy could reach approximately 5,700 BTC per day at current trading volumes.
- STRC shares logged a record daily volume of $409 million, with a $138.5 million average over the past month.
- The annual dividend for STRC is currently set at 11.50%, paid monthly in cash.
- If trends continue, Strategy’s Bitcoin holdings may surpass the one million BTC mark by August.
The rapid accumulation of Bitcoin by Strategy through its STRC preferred stock highlights a significant shift in investment strategies within the cryptocurrency market. As demand for STRC rises, it could potentially rival traditional fixed-income markets, which are valued at $145.1 trillion globally.
With an estimated daily buying power of up to approximately 5,700 BTC, Strategy is on track to exceed one million BTC holdings soon, potentially outpacing BlackRock in total assets.(Source)
