From an unusually quiet late start, Strategy’s preferred stock (STRC) has returned to full force. Yesterday the company is estimated to have bought 2,543 Bitcoin, and today in pre-market trading it has already added another ~30 Bitcoin. Many expect the pace to accelerate sharply in the coming days ahead of the ex-dividend date.
Net ATM proceeds reached approximately $207 million, backed by strong daily volume of $445.8 million. STRC closed at its $100 par value.
This marks one of the most active single-day Bitcoin purchases via the Stretch preferred stock program. The structure continues to channel capital from traditional fixed-income investors directly into physical Bitcoin, delivering monthly cash dividends while supporting aggressive accumulation.
Michael Saylor commented on the approach: “Our bias is to grow the business. The more capital we raise, the more BTC gain we generate, the more Bitcoin we buy, the higher the Bitcoin price goes.”
He added that the company is comfortable with current dividend rates in pursuit of scale: “I would rather buy $40 billion of Bitcoin, issue $40 billion of credit and pay 11.5%, than buy $10 billion of Bitcoin, issue $10 billion of credit and pay 9.5%.”
Saylor compared the current phase to Amazon’s early growth: “We kind of view this as we’re in the growth stage… like Amazon offered free shipping… until every household in the United States was an Amazon customer and then they had won the market.”
Strategy currently holds 818,869 Bitcoin. With yesterday’s estimated STRC-driven purchase, the company is set to push past 821,400 Bitcoin once the figures are finalized. Confirmation is expected next Monday in the company’s regular weekly update.
At this pace, Strategy is on track to reach 4% of the total Bitcoin supply within a month, pushing its holdings above 840,000 Bitcoin. With sustained momentum from the STRC program, the company appears well within reach of 1,000,000 Bitcoin before the end of the year.
With robust demand and ex-dividend dynamics approaching, STRC momentum appears set to continue in the near term. Official purchase figures will be confirmed in upcoming regulatory filings. The Stretch preferred stock remains a highly efficient bridge between traditional yield-seeking capital and Bitcoin’s long-term scarcity.
Want more bitcoin treasury coverage in your search results? Add Bitcoin Treasuries as a preferred source on Google.