Strategy's STRC preferred shares saw a surge in trading this week, potentially raising $302 million to purchase Bitcoin

robot
Abstract generation in progress

Deep Tide TechFlow News, March 9 — According to Cointelegraph, Strategy, a company owned by Michael Saylor, saw a surge in trading volume of its STRC preferred shares this week, potentially raising over $300 million to buy Bitcoin.

STRC is a yield-bearing preferred stock launched by Strategy in July 2025 to fund its Bitcoin acquisition strategy. According to BitcoinQuant data, this week’s STRC trading volume was approximately $777 million, with about 97% ($755 million) of trades priced above the $100 face value. At a 40% capture rate, it is estimated that a net profit of about $302 million could be achieved, enough to purchase approximately 4,334 Bitcoins.

BTC2.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments