Strategy STRC Accelerates Accumulation with 5,000 Bitcoin in Two Days

From a relatively quiet start to the month, Strategy’s Stretch preferred stock (STRC) has roared back to life. Over the past two trading days, the company is estimated to have acquired more than 5,000 Bitcoin through its ATM program.

Yesterday alone, Strategy stacked an estimated 2,982 Bitcoin. Net ATM proceeds reached $240.4 million, supported by robust daily trading volume of $370.7 million. The average purchase price came in at $80,622 per Bitcoin, and STRC closed at par.

This brings the total for the week so far to a strong multi-thousand Bitcoin haul, with only two trading days remaining until the ex-dividend date. While this month’s volumes have not yet matched the explosive levels seen last month when Strategy routinely stacked over 10,000 Bitcoin per day for several sessions, the recent acceleration remains impressive.

Yesterday’s trading day opened strongly, with pre-market activity more than doubling the previous session’s buys. Momentum slowed mid-day before steadily climbing toward the ~3,000 BTC mark, roughly 500 more than the day prior. After-market trading added the final push: at market close, estimates sat at 2,781 Bitcoin, with additional accumulation in after-hours lifting the total to 2,982. This uptick in after-market activity marks a notable improvement over last month.

As of this morning in pre-market, STRC has already purchased an estimated 14. 57Bitcoin, signaling continued demand heading into what is typically the highest-volume window before ex-dividend.

STRC is widely expected to trade below par on Friday due to the ex-dividend adjustment. Significant volume is then likely to remain muted until next month’s cycle. However, Strive’s SATA instrument has historically seen renewed demand following STRC’s ex-dividend period. This rotation dynamic suggests SATA could soon resume meaningful Bitcoin purchases, though probably at a more moderate scale than STRC’s peaks.

The broader digital credit market remains in its early stages. For it to demonstrate this level of growth and resilience in under a year is remarkable. Both STRC and SATA are now discussing a shift to semi-monthly dividends (twice per month instead of once). If approved, this change would significantly shorten the post-ex periods of lower activity from weeks to just a couple of days, further enhancing capital efficiency and appeal to yield-seeking investors.

With two trading days left, the classic pre-ex-dividend rush could still materialize. Investors often pile in at the last minute to capture the payout before rotating out of STRC into SATA and other digital credit vehicles. Pre-market signals and active after-hours trading point to the potential for elevated volumes today and tomorrow.

Strategy continues to demonstrate the power of its preferred stock program as an efficient bridge between traditional fixed-income capital and Bitcoin’s scarcity. The structure funnels yield-hungry investor dollars into aggressive BTC accumulation while delivering monthly (and potentially soon semi-monthly) cash dividends.

This two-day surge underscores the growing maturity and momentum in the digital credit space. Even without matching last month’s record-setting days, the consistency and innovation on display are highly encouraging for the ecosystem’s long-term expansion. Official figures will be confirmed in upcoming regulatory filings and Strategy’s regular updates.