Trading activity for STRC surged by 471 percent, generating capital that could fund the purchase of roughly 4,000 BTC, according to data from BitcoinTreasuries.
On March 12, the STRC preferred stock program run by Strategy achieved a new single day record. The capital raised during the session was enough to support the acquisition of approximately 4,000 Bitcoin.
Data from BitcoinTreasuries also showed that the total funds generated during the week were already sufficient to purchase more than 10,000 BTC. This rapid pace has drawn the attention of investors monitoring how quickly the world’s largest corporate holder of Bitcoin is expanding its treasury.
Record Trading Volume for STRC
In a post shared on X, BitcoinTreasuries reported that about 7.3 million shares were traded during the March 12 session. This figure was 471 percent higher than the stock’s typical daily trading volume.
The platform applies a model that evaluates one minute STRC trading candles throughout the full trading day, including pre market and after hours sessions. When a trading bar closed at or above 99.92 dollars, close to STRC’s 100 dollar par value, the model attributed 40 percent of the trading volume to at the market issuance. After subtracting a 2.5 percent underwriter commission, the remaining proceeds were divided by the session’s average Bitcoin price to estimate the potential amount of BTC purchased.
Using this method, the 7.3 million shares traded on March 12 generated just over 283 million dollars in net proceeds. With Bitcoin’s average price around 70,000 dollars during the session, the total was enough to purchase approximately 4,000 BTC, marking the first time the program has reached this level.
Overall trading value was estimated at around 743 million dollars. The activity drew significant attention from market observers, including analyst Mark Harvey, who suggested the day might become STRC’s first one billion dollar trading session since there were still two hours remaining before markets closed.
Stock Structure Attracts Investor Interest
STRC offers a variable monthly dividend that is currently equivalent to an annual yield of about 11.5 percent. The structure also includes rate adjustments intended to keep the stock trading close to its par value. The instrument allows investor funds to flow directly into Bitcoin purchases while offering a yield focused product that typically experiences less volatility than Strategy’s common stock.
Unlike traditional debt, the dividend is perpetual and does not require repayment of the principal. Harvey recently illustrated how the system works using a hypothetical scenario in which the company issues 100,000 dollars worth of STRC at the 11.5 percent yield to acquire Bitcoin.
Under this example, the company would carry a yearly dividend obligation of 11,500 dollars. The payment would remain fixed, meaning that even if Bitcoin’s price increased tenfold over five years, Strategy’s total dividend obligation would reach only 57,500 dollars. Meanwhile, the value of the Bitcoin purchased could rise by about one million dollars, resulting in an estimated net gain of 842,500 dollars for shareholders.
According to its latest filing on March 9, Strategy held 738,731 BTC following several recent purchases. These include 3,015 BTC acquired on March 2 and a larger purchase of 17,994 BTC announced on March 9 for about 1.28 billion dollars.
At current market prices, the company’s Bitcoin holdings are valued at approximately 53.1 billion dollars, while the total acquisition cost stands at just over 56 billion dollars.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net
