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According to a post from Michael Saylor, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, trading under the ticker STRC, recorded $1.53 billion in daily liquidity on Thursday, representing the largest trading volume for the instrument since launch.
All-time high volume. $1.53B of liquidity. Two cents of volatility. Closed at par. $STRCpic.twitter.com/aS0dSlkm7d
— Michael Saylor (@saylor) May 14, 2026
Saylor stated on X, formerly Twitter, “All-time high volume. $1.53B of liquidity,” while referring to the company’s Stretch preferred stock product. The STRC product provides investors with an 11.5% dividend while avoiding dilution of Strategy’s common equity, according to the company’s description shared by Saylor. Saylor also stated that the product closed at par while recording only two cents of volatility during the session.
Data from the STRC.live tracker showed that the trading activity could theoretically allow Strategy to raise approximately $735.4 million through its at-the-market issuance structure.
Based on current Bitcoin prices referenced in the data , the proceeds would be sufficient to acquire roughly 9,066 Bitcoin. Strategy remains the largest corporate Bitcoin treasury holder, with total holdings of 818,869 Bitcoin currently valued at approximately $66.5 billion.
Bitcoin’s recent rally to $81,000 has moved above Strategy’s average Bitcoin purchase price of $75,543. Based on the figures provided, Strategy’s Bitcoin holdings are currently up approximately 7.2% relative to the company’s average acquisition price. Earlier in May, during Strategy’s first-quarter earnings call, Saylor stated that the company intends to make Stretch “the biggest credit instrument in the world” while continuing to use proceeds generated from the product to support additional Bitcoin acquisitions.
Strategy purchased an additional 535 BTC for approximately $43 million during the previous week ending May 10, according to the disclosed figures. The company acquired the Bitcoin at an average price of around $80,340 per BTC. Following the latest purchase, Strategy’s total Bitcoin holdings increased to 818,869 BTC.
1. What is Strategy’s STRC preferred stock?
STRC is Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, designed to provide investors with an 11.5% dividend without diluting the company’s common equity.
2. How much daily liquidity did STRC record?
According to Michael Saylor, STRC recorded $1.53 billion in daily liquidity, marking the highest trading volume for the instrument since launch.
3. How many Bitcoin could Strategy theoretically acquire through STRC activity?
Data from the STRC.live tracker showed that the trading activity could theoretically support the purchase of approximately 9,066 Bitcoin through Strategy’s at-the-market issuance structure.
4. How much Bitcoin does Strategy currently hold?
Strategy currently holds 818,869 Bitcoin valued at approximately $66.5 billion, making it the largest corporate Bitcoin treasury holder.
Source: Michael Saylor on X