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