Strategy (MSTR) Buy Over 4,000 Bitcoin Today With STRC

The strategy appears to have bought more than 4,000 bitcoins on Thursday, according to estimates from real-time trading data and public tracking dashboards that monitor the company’s preferred stock sales.

Data from STRC.live and market trackers suggest that the purchase was funded by the heavy issuance of Variable Rate Series A Preferred Stock (STRC), a permanent preferred instrument that Strategy has been using extensively to raise bitcoin capital.

By the end of the day in New York, trading activity meant that the company had already raised enough capital to acquire more than 4,000 BTC, marking the largest one-day bitcoin purchase funded through STRC since the instrument’s inception.

The attack follows unusually strong activity earlier in the week. On March 10, STRC recorded a record $409 million in daily trading volume while maintaining a nearly 3% 30-day volatility and one-month volume-weighted average price near $99.78.

On-chain indicators and public monitoring suggested that the day’s activity supported the purchase of more than 2,000 BTC, which is one of the largest single-day collections recorded by the instrument.

Thursday’s pace easily surpassed that number.

The strategy, already the owner of the largest public bitcoin company, has relied heavily on its preferred equity program to fund additional purchases.

Earlier this year the company amended its automated teller machine (ATM), allowing multiple agents to sell STRC shares simultaneously. The change increased leverage and made it easier for Strategy to raise capital quickly, with the proceeds directed toward bitcoin purchases.

Real-time dashboards track STRC’s trading efforts to measure how many shares the Strategy itself is issuing versus secondary market trades.

Because the company has previously indicated that it may sell shares when the price trades above a specified price of $100, analysts can estimate earnings if trading occurs above that threshold.

A recent SEC filing revealed that the company purchased 17,994 BTC between March 2 and March 8 for approximately $1.28 billion. That acquisition raised the company’s total holdings to about 738,731 BTC, representing about 3.5% of the circulating supply of bitcoin.

The filing showed that the purchase was financed with a combination of $377.1 million in STRC sales and $899.5 million raised through the issuance of common stock.

Based on those figures, STRC made about 29.5% of the money for that five-day fundraising period, which equates to about 5,300 BTC received through the sale of preferred shares.

If Thursday’s estimates prove accurate, the day’s buying alone could exceed the average daily bitcoin gains seen in that previous buying window.

The data remains illegal. The strategy typically secures the purchase over time through SEC filings or public disclosures.