Strategy’s aggressive accumulation of Bitcoin is hitting a new gear. By leveraging its STRC preferred stock as a high-yield engine, the firm is rapidly closing the gap on BlackRock’s iShares Bitcoin Trust (IBIT), positioning itself to potentially hit the 1-million-BTC milestone well ahead of institutional rivals.
How is STRC accelerating the race to 1 million BTC?
The mechanism is straightforward: Strategy sells STRC shares through its at-the-market (ATM) program and funnels the proceeds directly into Bitcoin. This isn't just standard corporate treasury management; it’s a feedback loop. STRC offers an 11.50% annual dividend paid monthly, which attracts yield-hungry capital that might otherwise sit in traditional fixed-income instruments.
As reported by Cointelegraph, the firm recently added 17,994 BTC to its balance sheet, bringing its total to 738,731 BTC. While BlackRock’s IBIT holds roughly 775,156 BTC, the pace of Strategy’s acquisitions—fueled by STRC volume—is rapidly changing the leaderboard.
Multiple outlets including CoinDesk have flagged similar on-chain signals regarding the firm's relentless treasury expansion. For a broader look at how this fits into the current market landscape, check out our coverage on how Strive Invests 50M in Strategy Preferred Series as Bitcoin Holdings Hit 13K: CryptoDailyInk.
Is the buying power sustainable?
To understand the scale, look at the STRC trading volume. With a 30-day average daily volume of $138.5 million, the implied buying power sits at approximately 1,940 BTC per day. To put that in perspective, that is over 4x the amount of new Bitcoin currently being mined. On peak volume days—like the recent $409 million record—that capacity spikes to 5,700 BTC daily, or roughly 13x the daily mining supply.
| Metric | Value |
|---|---|
| Current BTC Holdings | 738,731 BTC |
| Avg. Daily STRC Volume |