Michael Saylor’s company Strategy (MSTR) may soon make another major Bitcoin purchase as trading activity around its STRC preferred stock continues to rise. If the current momentum holds, the company could raise more than $300 million, giving it enough funds to buy thousands of additional Bitcoin.
Strategy is already the largest public company holder of Bitcoin, with around $50 billion worth of BTC on its balance sheet. Over the last few years, Saylor has made it clear that accumulating Bitcoin is at the core of the company’s long-term strategy.
Now, the company is using a unique financial tool to keep funding those purchases.
What Is STRC Stock?
“According to a report by Cointelegraph , In July 2025, Strategy launched a special type of preferred stock called Stretch (STRC). The main idea behind this stock is simple: raise money from investors and use that money to buy Bitcoin.
When STRC first launched through its initial public offering (IPO), the company raised about $2.52 billion before expenses. After costs, the net amount came to about $2.47 billion. Strategy used that capital to buy 21,021 Bitcoin at an average price of around $117,256 per BTC. But the company did not stop there.
Later, Strategy introduced a $4.2 billion “at-the-market” (ATM) program, which allows it to sell STRC shares gradually depending on market demand. Instead of selling all shares at once, the company can release them slowly whenever conditions are favorable. This flexible system helps Strategy continue raising money whenever investors show interest.
How STRC Helps Fund Bitcoin Purchases
The STRC model works best when the stock price stays close to its $100 target value.
To help maintain that level, Strategy offers investors a monthly yield. The company can adjust the payout to balance supply and demand. If the price drops below the target, a higher yield may attract more buyers. If demand gets too strong, the company can reduce the yield slightly to stabilize the price.
For March 2026, the annual yield rate for STRC stands at 11.50%, which equals about $0.958 per share each month. In simple terms, investors looking for steady income buy STRC shares, and the money from those purchases goes directly toward buying more Bitcoin.
STRC Has Already Helped Buy Bitcoin
This funding model has already been used several times.
In January, Strategy sold about 1.19 million STRC shares, raising roughly $119.1 million in net proceeds. At the same time, the company also raised $1.12 billion through sales of its regular stock. With the combined funds, Strategy purchased 13,627 BTC worth around $1.25 billion.
The strategy continued in February, when proceeds of about $78.4 million from STRC were used to buy another 2,486 Bitcoin. This approach has become one of the company’s main tools for increasing its Bitcoin reserves.
Trading Surge Could Unlock $302 Million
According to estimates from BitcoinQuant, this week’s trading activity around STRC may allow Strategy to raise over $300 million.
The estimate comes from analyzing the stock’s trading volume. Data shows that STRC saw roughly $777 million in total trading volume this week, and about 97% of that volume happened above the $100 target price.
That means roughly $755 million worth of shares traded above the target value, which is a strong signal of investor demand. Using a 40% capture rate model, analysts estimate that Strategy could potentially secure around $302 million in net proceeds from this activity.
If Bitcoin prices remain between $68,000 and $73,000, that amount could allow the company to buy roughly 4,300 BTC.
One Day Alone Generated Huge Volume
Interestingly, Friday alone saw about $188 million in STRC trading volume, which is the highest recorded so far. Based on the same model, that single day of trading activity could provide enough funds for Strategy to purchase around 1,097 Bitcoin.
However, these numbers are still estimates. The actual amount Strategy raises will only be confirmed when the company releases its next official filing.
Investors Waiting for the Next SEC Filing
So far, the most recent filing shows that STRC sales contributed only $7.1 million toward a recent purchase of 3,015 Bitcoin.
Whether the current trading surge will translate into a much larger Bitcoin buy should become clearer soon. Strategy is expected to release its next SEC filing on March 9, which will provide updated details about STRC sales and any new BTC purchases.
If the estimates turn out to be correct, Michael Saylor’s company could soon add thousands more Bitcoin to its already massive holdings. For the crypto market, that would be another reminder that institutional demand for Bitcoin is still very strong.
