STRC Stock Surges with $1.1B in Trading Volume
We have always followed the principles of transparency and clear information. Some of our content includes affiliate links, and we may earn a small commission through these partnerships. These partnerships do not influence our editorial independence or opinion. By using our site, you accept our privacy policy and terms and conditions.
A Senior Altcoin Analyst, Sarah combines on-chain data with a background in venture capital research. With a Master’s in Computer Science, she provides precise evaluations…
Cryptocurrency is a high-risk asset class, and investing carries significant risk, including the potential loss of some or all of your investment. The information on this website is provided for informational and educational purposes only and does not constitute financial, investment, or gambling advice. Cryptowinx does not endorse any specific exchange or gaming platform. For more details, please read our terms and full disclaimer.
Cryptowinx navigates the digital asset universe with a dynamic, forward-looking vision. Throughout our evolution, we have followed every market cycle, from vertical rises to corrections, always remaining a solid point of reference for our community. Our team is made up of industry experts and analysts who experience the blockchain ecosystem daily: we constantly monitor Bitcoin’s stability, study the expansion of the Ethereum ecosystem, and analyze the new frontiers of crypto casinos. We are committed to absolute editorial integrity, separating the signal from the noise through rigorous fact-checking and multi-perspective news analysis. In a landscape where innovations emerge in moments, our mission is to simplify complex concepts and offer transparency into what is established and what is still experimental.
Learn more Cryptowinx
On April 13, Strategy’s STRC perpetual preferred stock achieved remarkable trading activity, recording a daily volume of $1.1 billion. This figure marks a significant increase of 46.5% over its previous record, and it quadruples its average daily volume of about $274 million over the past 300 days.
Despite only a one-cent movement in share price, the stock’s liquidity reached $1.156 billion, illustrating the disparity between trading activity and price stability. This phenomenon is central to the stock’s strategy.
STRC, officially known as the Variable Rate Series A Perpetual Stretch Preferred Stock, is listed on Nasdaq and offers annual cash dividends of 11.5%, distributed monthly. The dividend rate adjusts every month to maintain the share price close to its $100 par value, which has consistently risen from 9% at its launch in July 2025, stabilizing at 11.5% since April following a series of increases.
Notably, STRC does not have a maturity date, allowing Strategy to continue paying dividends while issuing new shares whenever the stock price is at or above the par value. The proceeds from these shares are directly invested into Bitcoin.
This particular trading record is highlighted by the ATM program, which, according to analyst Mark Harvey, funded an estimated average of nearly 9,894 BTC through various trackers, with estimates ranging from 6,100 to 12,500 BTC.
Just a day prior, Strategy confirmed its purchase of 13,927 BTC for approximately $1 billion, acquiring bitcoins at around $72,000 each. This transaction increased their total Bitcoin holdings to 780,897 BTC, valued at around $59 billion.
Analyst Adam Livingston calculated that the recent capital raise would necessitate about $98 million in annual dividend obligations at the current 11.5% rate, accumulating to less than $1 billion over a decade. If Bitcoin grows at an annual rate of 25% during this period, the Bitcoin bought could potentially be valued at nearly $8 billion, suggesting a substantial profit margin exceeding $7 billion after accounting for dividends.
Livingston described the STRC mechanism as a conversion tool, transforming capital market access into long-term Bitcoin exposure while the fixed liability diminishes relative to the asset’s value.
In terms of liquidity, the recent trading volume also drew attention to STRC’s significant liquidity compared to other major companies. According to Strategy President Phong Le, STRC’s 30-day average trading volume reflects 4.8% of its market capitalization, in stark contrast to Tesla at 1.8%, Meta and Nvidia at 0.7%, and Apple at 0.3%.
This indicates that a preferred stock devoid of voting rights and established at a $100 par value has outpaced major tech firms in liquidity relative to its market cap.
Livingston further noted that STRC now comprises roughly 90% of MSTR’s daily trading volume, a considerable increase from just 10% five months ago.
The broader cryptocurrency landscape was also experiencing movement on that day, with Bitcoin nearing $75,000, the highest level since mid-March. This surge was partly fueled by reports indicating potential de-escalation in US-Iran tensions, which added approximately $100 billion to the overall cryptocurrency market cap.
This rise in Bitcoin pricing is crucial for STRC shareholders, as the company’s capability to meet its dividend obligations indefinitely hinges on Bitcoin’s performance exceeding a 2% annual return rate, a benchmark that Executive Chairman Michael Saylor monitored closely.
Leave the reaction
Sarah Chen
Commentaries
Add your comment
Fill in necessary fields and publish