TLDR
- Strategy may raise about $302 million from STRC sales based on market estimates.
- BitcoinQuant estimates the proceeds could fund the purchase of about 4,334 BTC.
- Strategy holds 712,647 BTC, the largest corporate Bitcoin treasury among public firms.
- STRC paid an annualized 11.50% rate for March 2026, or about $0.958 monthly.
Michael Saylor has hinted at another Bitcoin purchase by Strategy, even as Bitcoin and wider markets remain weak. The signal comes as trading in Strategy’s STRC preferred stock rose sharply, raising expectations that fresh capital may soon be deployed into Bitcoin.
Market estimates suggest Strategy could secure more than $300 million through STRC sales. If that amount is realized, the company could buy about 4,300 Bitcoin at recent market prices. The next SEC filing, expected on March 9, may show whether the latest trading activity turned into a new purchase.
STRC structure supports Strategy funding model
STRC is designed to trade near its $100 par value. Strategy adjusts a variable monthly yield to help keep the stock close to that target. A higher yield may support the price when it falls below par. A lower yield may cool demand when it moves too far above par.
For March 2026, STRC carried an annualized rate of 11.50%. That equals about $0.958 per share each month. This structure allows investor demand for yield to become a source of capital. Strategy can then use that capital to expand its Bitcoin holdings.
The model has already supported recent purchases. In January, Strategy sold about 1.19 million STRC shares. That sale brought in $119.1 million in net proceeds. The company also raised $1.12 billion through MSTR sales during that period.
Strategy used the combined capital to buy 13,627 Bitcoin for about $1.25 billion. In February, STRC proceeds of $78.4 million were also used in a purchase of 2,486 Bitcoin net. These moves show how the preferred stock has become part of the company’s Bitcoin funding process.
Trading surge lifts focus on possible new purchase
BitcoinQuant estimates Strategy may now have access to about $302 million in fresh STRC proceeds. The estimate is based on this week’s STRC trading activity. The model points to about $777 million in total trading volume. Around 97% of that volume, or $755 million, traded above the $100 par value.
Using a 40% capture rate, BitcoinQuant estimated net proceeds near $302 million. Based on average Bitcoin prices of $68,000 to $73,000, that amount could fund the purchase of about 4,334 Bitcoin. Friday alone recorded $188 million in STRC trading volume. Based on the same model, that could support a purchase of about 1,097 Bitcoin.
These figures remain estimates, not confirmed results. Strategy’s latest filing showed only $7.1 million in STRC sales contributing to a broader purchase of 3,015 Bitcoin. The company’s next filing is expected to show whether the recent volume produced a much larger raise.
Corporate Bitcoin adoption continues to expand
The backdrop for Strategy’s activity is broader corporate adoption of Bitcoin. An additional 116 companies now hold about 809,100 Bitcoin on their balance sheets. That total is valued at roughly $85 billion over the past year, based on the figures provided.
Public companies have led that growth, with adoption rising 2.5 times. Merchant payments involving Bitcoin have also risen 74%. In addition, 60% of the top U.S. banks are building Bitcoin products. The trend shows that more firms are moving beyond small allocations.
Strategy, formerly MicroStrategy, remains the largest corporate holder. It holds 712,647 Bitcoin, ahead of MARA Holdings, Twenty One Capital, and Metaplanet. More companies are now treating Bitcoin as a treasury reserve asset, rather than a limited hedge. That trend has kept Strategy and Michael Saylor at the center of market attention.
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