Strategy’s perpetual preferred stock, Stretch $STRC, reached a trading volume of $200 million yesterday, marking a new high for 2026. This surge in volume reflects growing demand for perpetual preferred stocks among crypto-focused investors, who are attracted to these securities as a yield-generating alternative amid the ongoing adoption of Bitcoin treasury practices. Strategy uses this innovative capital-raising method to enhance its Bitcoin reserves without diluting its common shares, supporting the broader trend of public companies employing novel financing strategies to accumulate Bitcoin.
Strategy’s Stretch token trading volume surges to $200M high
