Strategy's $1.16 Billion STRC Volume Signals Bitcoin Financing Shift

Investors in Strategy's Stretch (STRC) security receive an 11.5% annual dividend paid monthly in cash. Strategy uses the capital from this perpetual preferred security to fund Bitcoin acquisitions, including a recent purchase of 7,800 BTC. On Monday, STRC trading volume reached $1.16 billion, more than four times its 30-day average of $278 million. The security maintained a $100 par value during the session. STRC now has a market capitalization of $6.4 billion, surpassing the combined market cap of Strategy's other preferred securities STRD, STRK, and STRF.