Strategy’s STRC perpetual preferred stock hits record trading volume amid Bitcoin financing push

Strategy’s STRC perpetual preferred stock recorded a new trading-volume high, highlighting the company’s use of structured equity financing to support its Bitcoin treasury strategy. New reporting says STRC saw $1.53 billion in single-day trading volume, and BitcoinQuant estimated the surge helped fund the purchase of about 11,707 Bitcoin through the ATM issuance program, with activity boosted by dividend-capture trading ahead of the ex-dividend date and an 11.5% annualized dividend. This differs from an earlier estimate that Strategy bought about 13,491 BTC, so the amount remains unconfirmed in the provided material.

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