Strategy (MSTR) Bought Over 4,000 Bitcoin Today via STRC As Strong Week Continues

Strategy (MSTR), already the largest public corporate holder of Bitcoin, is estimated to have acquired more than 4,000 BTC on Thursday, marking its largest single-day purchase funded via its Variable Rate Series A Preferred Stock (STRC). This follows a record trading day for STRC earlier in the week, which funded over 2,000 BTC purchases. Strategy increasingly relies on STRC, a perpetual preferred instrument that yields about 11.5% annually, to raise capital appealing to fixed-income investors, thereby funding its Bitcoin accumulation strategy. An earlier SEC filing disclosed that between March 2 and March 8, the company bought 17,994 BTC for $1.28 billion, with STRC sales accounting for about 29.5% of that funding. The data for Thursday's purchase is unofficial and awaits confirmation via SEC filings.

(Source：Bitcoin Magazine)