Overview
- Strategy reported purchasing 22,337 BTC in the week ending March 15, its largest weekly buy since November 2024 and more than typical weekly miner issuance.
- Funding for the latest surge came primarily from STRC, which raised about $1.18 billion that week versus roughly $396 million from MSTR share sales.
- Across the two recent purchase cycles, Strategy raised approximately $4 billion through STRC, marking a sharp shift away from relying on at-the-market common stock offerings.
- STRC is a perpetual preferred product offering a fixed 11.5% dividend, opening the door to fixed‑income investors who may avoid direct Bitcoin exposure.
- Analysts caution the payout depends on new capital rather than Bitcoin-generated yield, while Strategy explores monetizing its roughly 760,000 BTC through lending, covered calls, and crypto repo, after surpassing 100 cumulative buys.