Strategy’s preferred stock vehicles are back at it again, aggressively driving Bitcoin purchases after another strong week of capital raising. Just like clockwork, the buying momentum has picked up pace as investors pile in to capture the latest dividends through these innovative digital credit instruments.
Strategy STRC buys an estimated 8,000 Bitcoin this week so far. With one more trading day left in the week, the chance that Strategy STRC will reach an estimated 10,000 Bitcoin via STRC is very real. In the previous two days alone, STRC raised enough capital to buy an estimated 5,895 Bitcoin. The momentum is real, but we won’t get an exact number until next Monday.
We recently made some adjustments to our STRC Bitcoin accumulator tracker, which we believe will make it more accurate than ever. Getting an exact number will still be difficult, but with more data and continued improvements, the tracker will keep getting better and better.
Real-time tracking of these moves is available on our STRC Dashboard, offering investors clear insights into STRC Bitcoin Accumulation and the broader STRC Bitcoin Funding activity.
The demand seems to be growing rapidly, especially with the entrance of the new Morgan Stanley ETF. In its first day of trading, it landed in the top 1% of first-day openings of any ETF ever. It bought 444 Bitcoin — just shy of the daily mined supply of 450 — and Morgan Stanley even called it their most successful ETF launch ever.
Strategy CEO Phong Le said he looks forward to both STRC and MSBT driving Bitcoin demand.
These products are not direct competitors. They offer investors two different types of Bitcoin exposure. One is for those who are comfortable with volatility and are in it for the long term, happy to ride the waves. The other is for investors who believe in Bitcoin and understand where it’s headed, but want more stability in their everyday portfolio. STRC gives investors the ability to take advantage of Bitcoin without the extreme volatility swings.
The fixed income market that STRC is targeting is in fact the largest market on Earth — roughly $145 trillion. Currently, STRC has not even scratched the surface of this potential pool of investors. STRC currently holds just 0.002% of the pie, and even taking a small slice like 0.5% would mean $725 billion. And this is not even counting the demand for IBIT, MSBT, and other preferred stock offerings such as Strive’s SATA.
Strategy is targeting institutional investors, corporate treasuries, pension funds, insurance companies, and investment advisors/RIAs who traditionally allocate to fixed income. Many of these mandates or client guidelines restrict or heavily favor fixed-income-style investments. So it’s not like they could just go out and buy IBIT or MSTR if they wanted to — they are locked into the fixed income market in a sense. This gives them Bitcoin exposure accessibility without breaking their internal guidelines.
It’s an exciting time, and we’ll be watching this space closely as Bitcoin makes its way to infiltrate this massive market.
Want more bitcoin treasury coverage in your search results? Add Bitcoin Treasuries as a preferred source on Google.