The ever-increasing STRC pick is likely to play a key role in shaping Bitcoin’s mid-month strength, according to K33 Research director Vetle Lunde.
Summary
- K33 research suggests that STRC’s preferred stock structure for the Strategy may have contributed to the repetition of Bitcoin’s ongoing buying pressure during the month.
- Strategy’s BTC Holdings reached 818,869 BTC, with an estimated value of $6.57 billion, according to a report by The Block.
- Recent data shows STRC-driven Bitcoin hoarding reached ~46,872 BTC in April but may now drop as needed.
According to reports, the STRC structure creates predictable cash flow behavior, with dividends paid at the end of each month and an ex-dividend date around the 15th. This period, combined with the Strategy’s at-the-market (ATM) release method, may indirectly generate Bitcoin buying pressure during the mid-month period.
When STRC trades above its $100 value, the Strategy can issue additional shares through ATM offerings and withdraw income from Bitcoin purchases. This creates a feedback loop where STRC demand can translate into BTC accumulation.
Organized equity flows in tandem with Bitcoin demand cycles
According to the cited data, the purchase of Bitcoin linked to the STRC of the Strategy has grown significantly on average during 2026, rising from 4,467 BTC in January to approximately 46,872 BTC in April.
Meanwhile, the value of Strategy’s Bitcoin Holdings rose to 818,869 BTC, which is worth about $6.57 billion at the current valuation cited in the report.
What this means is that the demand for Bitcoin is no longer driven only by stocks or ETFs, but is also partially influenced by structured equity products that convert investors’ demand from traditional markets into direct BTC purchases.
This creates a hybrid liquidity channel where traditional financial instruments indirectly influence the crypto market by flowing through corporate treasury strategies.
However, K33 also noted that STRC momentum may be cooling. The speed at which the instrument returned to its limited value this month has slowed, and only about 1 BTC has been added per instrument recently, suggesting weak demand and a possible plateau in this flow-driven buying pressure.
Bitcoin liquidity increases according to institutional processes
The dynamic STRC highlights how Bitcoin’s market structure has evolved beyond speculative trading and spot ETFs into complex institutional response systems.
Corporate accumulation strategies, especially those initiated by Strategy, now act as periodic demand engines that can reinforce price stability within specific calendar windows. This introduces a level of predictability to BTC flows that was previously absent in earlier market cycles.
At the same time, larger, broader conditions continue to influence whether this flow is changing in a sustainable direction. Inflation expectations, liquidity conditions and the sense of risk across stocks remain key factors in whether institutional BTC accumulation is increased or decreased.
In the previous crypto.news Case in point, the massive devaluation events have shown how quickly a major shock can disrupt orderly crypto flows, even if the underlying accumulation mechanisms remain in place.
Bitcoin talk continues to show the growing intersection between traditional financial markets and the power of digital asset offerings, where instruments such as STRC, ETFs and corporate balance sheet strategies are growing by changing intramonth volatility patterns.
If STRC-driven demand continues to slow as K33 suggests, Bitcoin may be more sensitive again to spot-driven spending and larger catalysts than systematic institutional buying cycles – potentially undermining the forecast mid-month strength seen earlier this year.
