Time
05:23
Analysis: Strategy expects to have received $302 million in proceeds from STRC last week, which may be used to increase its Bitcoin holdings.
March 9, 2026
CoinFeed News
CoinFeed 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 was actively traded last week, with a single-day trading volume of $188 million on Friday.