strc

Strategy's Stretch (STRC) is estimated to have raised enough funds to purchase 8,000 BTC so far this week. STRC may hold 10,000 BTC by the end of this week.

According to monitoring by BitcoinTreasuries.NET, the preferred shares STRC issued by Strategy raised funds that can purchase over 2500 BTC, equivalent to 5 times the total supply of Bitcoin miners on that day.

VanEck's Preferred Securities ex Financials ETF (PFXF) disclosed the purchase of 1.27 million shares of Strategy's perpetual preferred stock Stretch STRC, valued at $127 million. This accounts for 6% of its net assets in digital credit.

According to monitoring by BitcoinTreasuries.NET, the preferred stock STRC issued by Strategy is expected to raise funds this week to purchase 4,535 bitcoins.

According to monitoring by BitcoinTreasuries.NET, the preferred stock STRC issued by Strategy has raised enough funds to purchase 2,724 bitcoins.

According to monitoring by BitcoinTreasuries.NET, the preferred stock STRC issued by Strategy is expected to have raised funds to purchase over 250 bitcoins within just 25 minutes of opening.

Strategy's preferred stock STRC landed on the UK trading platform Trading 212 on March 30, with an annualized yield of approximately 11.5%. However, UK investors holding STRC directly may face significant tax pressure. In the US, STRC's monthly dividends are classified as Return of Capital (ROC) and are not taxable; however, UK brokers typically classify them as foreign dividends, subject to income tax at the marginal dividend tax rate, with the basic rate taxpayer rate at 8.75% and high earners up to 39.35%. Additionally, capital gains tax (CGT) must be paid upon sale, resulting in an estimated actual net yield of only about 10%.Crypto analyst James Van Straten suggests that UK investors consider the 21Shares Strategy Yield ETP listed on the European exchanges in Amsterdam and Paris instead. This product has a zero management fee, employs an accumulating structure, and automatically reinvests earnings rather than distributing cash. Upon sale, it typically only incurs CGT, with no income tax burden, providing significantly better tax efficiency.

According to Theblock, the Bitcoin asset management company Strive (ASST) will collaborate with ETF issuer Tuttle Capital Management to launch the T-Strive Digital Credit ETF, aimed at investing in the variable rate A series perpetual preferred stock STRC issued by Strategy, as well as the preferred stock SATA issued by Strive.It is reported that in January of this year, Strive announced plans to raise an additional $150 million through a secondary public offering, after the company raised $160 million through the oversubscribed SATA IPO. Once approved, the T-Strive Digital Credit ETF will trade on the Chicago Options Exchange under the stock code DGCR.

Strategy founder Michael Saylor stated that approximately 80% of the perpetual preferred stock STRC issued by the company is held by retail investors. This product pays dividends monthly, with a current annualized yield of about 11.5%.Saylor mentioned that STRC is designed to be a low-volatility income tool trading around a par value of $100, and the dividend rate can be adjusted based on market conditions. This year, Strategy has raised funds through this product and allocated them to Bitcoin, with a cumulative investment scale nearing $3 billion, and plans to raise a total of $42 billion through related financing arrangements, of which STRC accounts for $21 billion. Benchmark analysts pointed out that as demand for STRC grows, Strategy's ability to allocate Bitcoin may continue to strengthen.

Strategy CEO Phong Le purchased 2,509 shares of Stretch (STRC) perpetual preferred stock at an average price of $99.62, totaling $249,900.

Founder of Strategy, Michael Saylor, tweeted that its perpetual preferred stock product STRC aims to achieve an annualized return of 11.5%, a volatility of 1.7%, a Sharpe ratio of 4.60, and daily liquidity of $209 million.

Apyx announced an increase of 38,800 shares of STRC, currently holding a total of 288,800 shares, with a total value of 28.76 million dollars. The company plans to become the largest holder of STRC.

According to Theblock, research firm K33 stated that Strategy increasingly relies on selling its STRC perpetual preferred shares to raise funds for accumulating Bitcoin, which is introducing structural risks related to market sentiment and pricing dynamics.It is reported that of the $1.57 billion in Bitcoin acquired by Strategy on Monday, approximately $1.18 billion came from the market sale of STRC, while the sale of Class A common stock amounted to $396 million.K33 indicated that this model requires the price of STRC to be maintained near the target price, and that the trading price of Strategy's equity is above its net asset value. These conditions are largely driven by market sentiment and may deteriorate simultaneously during market weakness.

Strategy founder Michael Saylor stated that the volatility of the perpetual preferred stock STRC has dropped to a historic low of 1.5%, driving its Sharpe ratio to a historic high of 5.37, setting a new standard for risk-adjusted performance.According to the official STRC data panel, the current price of STRC is $99.88, with an effective yield of 11.51%, a 30-day historical volatility reaching a historic low of 1.5%, and a Sharpe ratio hitting a historic high of 5.37, indicating that STRC can provide high returns with low risk.It is reported that STRC is a floating-rate perpetual preferred stock issued by Strategy, positioned as a short-term high-yield credit product, with a price anchored around $100, distributing cash monthly, and the dividend rate adjusted monthly. Strategy raises funds through the continuously newly issued STRC to buy BTC, leveraging the common perception that the total value of BTC holdings should be lower than the market value of MSTR to boost its market capitalization, and continues to issue STRC in hopes of achieving a positive spiral. The leverage internalization amplifies the greater volatility of MSTR's stock price relative to BTC, which can be seen as a leveraged way to invest in Bitcoin.

According to market news, Strategy last week first used perpetual preferred shares as the main tool to increase its Bitcoin holdings, marking a potential shift in its financing model. The company announced on Monday that it purchased 22,337 Bitcoins, making it the fifth largest acquisition in history. Among this, $1.18 billion was financed through STRC perpetual preferred shares, equivalent to about 16,800 Bitcoins (based on an average price of $70,000), far exceeding the $396 million raised through the common stock ATM program.The common stock ATM program had previously been the main tool for accumulating Bitcoin holdings, which currently total 761,068 BTC. Based on STRC's current 11.5% dividend yield, the $1.18 billion issuance results in an annual dividend obligation of about $135 million, bringing the company's total annual dividend burden to over $1 billion. The company has set aside about $2.25 billion in reserves to meet these obligations, providing a buffer amid rising financing costs.Due to the common stock falling over 70%, the company prefers to support its stock price without further diluting equity, thus it will be more selective in using common stock in the future, primarily using it when the net asset value multiple is significantly above 1 or when it needs to build dollar reserves, relying more on STRC financing to avoid issuing new common stock. Since the ex-dividend date on March 15, STRC has fallen below the par value of $100 for three consecutive days; if the one-month volume-weighted average price continues to be below par, the company may consider raising the dividend by another 25 basis points to support the price.

According to BBX data, yesterday's global listed company treasury dynamics focused on annual performance disclosures and the first inclusion of innovative credit assets:4,092 holdings: Boyaa Interactive (0434.HK) released its 2025 annual performance yesterday, disclosing an increase of 818 BTC for the year. As of the end of 2025, its treasury holds a total of 4,092 BTC (average cost $68,211), marking its transformation into the largest non-native crypto enterprise by holding size in Asia.162 incremental: B HODL Plc (AQSE: HODL) announced the completion of a new round of routine procurement of 1 BTC. Since launching its capital deployment plan on March 12, its cumulative holdings have risen to 162.487 BTC, aiming to enhance treasury yield through operations on the Lightning Network.STRC first inclusion: OranjeBTC announced it has become the world's first public company to include STRC (MicroStrategy perpetual preferred stock) on its balance sheet. This move signifies that crypto concept stocks have begun to mutually absorb credit instruments, forming "second-order" crypto asset positions.$767 million inflow: The U.S. spot Bitcoin ETF has achieved net inflows for five consecutive days, with a single-day scale reaching $767 million, providing ample secondary market liquidity support for the expansion of listed company treasuries.

According to crypto analyst Ragnar's post on the X platform, Strategy perpetual preferred stock STRC set a record of $745 million in single-day trading volume this week. If estimated at about a 48% liquidity rate (including off-market trading hours), the STRC income-generating tool alone could correspond to a potential purchasing scale of about 5,000 bitcoins on that day. Further calculations indicate that the related funds for STRC this week may correspond to about 13,000 bitcoins.If we also consider the financing ratio of STRC to Strategy common stock at about 1:2, the potential corresponding bitcoin purchasing scale this week could reach about 39,000 bitcoins. This scale is equivalent to a one-time increase in the level of a large bitcoin holding company. However, analysts remind that the above data is based on market estimates, and the actual purchasing scale still needs to be confirmed by company disclosures. Additionally, some analysts point out that the current structure of the crypto market has not fully shifted to a bull market, with the 50-day correlation between bitcoin and the Nasdaq 100 index still as high as 84%, meaning that if the stock market experiences a pullback, bitcoin may also face pressure.