Strategy’s perpetual preferred stock, Stretch $STRC, saw a significant trading volume of $150 million above its $100 par value yesterday, estimated to fund the purchase of 760 BTC. This trading mechanism allows Strategy to convert yield-seeking capital into Bitcoin treasury growth, while recent adjustments to the dividend have aimed to attract fixed-income investors amidst market volatility. Saylor continues to leverage these inflows to strategically accumulate Bitcoin, even in challenging market conditions.
Strategy’s $strc records $150M trading volume, funding 760 BTC buy
