K33: Strategy's STRC may be driving Bitcoin's mid-month price surge.
According to The Block, Vetle Lunde, Head of Research at K33, stated that Strategy's perpetual preferred stock, STRC, may be driving a mid-month surge in Bitcoin's price. Data shows that in March and April 2026, Bitcoin experienced significant mid-month price increases, and STRC's ex-dividend date, fixed on the 15th of each month, attracts many investors to buy before the ex-dividend date. K33 points out that Strategy continuously issues new STRC shares when the price is above its $100 face value, using the proceeds to purchase BTC. As STRC trading volume increases and the price approaches face value before the ex-dividend date, the company can raise more funds to accumulate Bitcoin, thus creating a period of buying support. Data shows that Strategy's BTC purchases through STRC have increased from 4,467 in January to 46,872 in April. Currently, the annualized return of STRC is...