Analysis: Strategy expects to have received $302 million in proceeds from STRC last week, which may be used to increase its Bitcoin holdings.

PANews reported on March 9th that, according to Cointelegraph, Michael Saylor's Strategy, through its STRC perpetual preferred stock, may purchase more Bitcoin in the coming weeks. STRC is a yield-based preferred stock launched by Strategy in July 2025 to raise funds for its Bitcoin accumulation strategy. This mechanism converts investor demand for returns into funds to purchase Bitcoin by paying investors floating monthly returns, keeping the share price close to its $100 par value.

Data shows that STRC trading was active last week, with Friday's single-day trading volume reaching $188 million. According to BitcoinQuant's model estimates, the total trading volume last week was approximately $777 million, with about 97% of trades occurring above the $100 par value. Assuming a 40% capture rate, this could generate a net profit of approximately $302 million, enough to purchase approximately 4,334 Bitcoins. Strategy will disclose the specific purchase details in its latest filing with the SEC on March 9th.