Strategy’s preferred share **STRC** has quickly emerged as the most liquid preferred equity in the market, reflecting growing investor demand for financial instruments connected to Bitcoin.
According to Strategy co-founder Michael Saylor, STRC currently leads all preferred stocks in trading activity. The stock is averaging roughly **$296 million in daily trading volume**, far ahead of other well-known preferred equities. For comparison:
• BA preferred stock — about **$35.8M** daily volume
• KKR preferred stock — roughly **$33.5M**
• FOUR preferred stock — around **$27.6M**
Even within Strategy’s own preferred share lineup, STRC dominates. Other preferred offerings such as **STRK, STRF, and STRD** are averaging **$18.8M, $14.5M, and $14.4M** in daily volume respectively.
One major factor behind the demand is **STRC’s 11.50% dividend yield**, which appeals to both institutional and retail investors seeking income while still gaining indirect exposure to Strategy’s Bitcoin-focused approach.
**Institutional Demand Is Rising**
Institutional investors are also beginning to accumulate STRC. One example is **Strive Asset Management**, which recently allocated **$50 million** to the stock—over one-third of its corporate treasury.
Strive CEO Matt Cole explained that instruments like STRC allow companies to generate meaningful yield while maintaining liquidity and stability instead of leaving cash idle with minimal returns.
Other institutions reportedly investing in STRC include:
• Prevalon Energy
• Anchorage Digital
• OranjeBTC
Strategy CEO Phong Le also highlighted the stock’s recent performance. During the 10 days leading up to March 11, STRC consistently traded at its **$100 par value** while trading volume increased more than **fivefold**. Although the price has recently slipped slightly below par to around **$99.75**, trading activity remains strong, with daily volume recently reaching **$298 million**.
**Fueling Strategy’s Bitcoin Accumulation**
STRC has become a key part of Strategy’s capital strategy for acquiring Bitcoin. The company frequently raises funds through equity or preferred share offerings and uses the proceeds to purchase BTC.
Recent reports indicate that Strategy bought **17,994 BTC for approximately $1.28 billion last week**. To help finance this purchase, the company sold **3.8 million shares**, generating about **$377.1 million** in net proceeds.
Data from STRC.live suggests that additional share sales could have funded another large Bitcoin purchase, with estimates indicating the company may have acquired **up to 11,042 BTC this week**.
**Market Anticipates Another BTC Announcement**
Prediction market **Polymarket** currently shows about a **98% probability** that Strategy will announce another purchase of **more than 1,000 BTC by March 16**.
If confirmed, it would further strengthen Strategy’s position as one of the largest corporate Bitcoin holders in the world.
**Bitcoin-Linked Securities Are Gaining Momentum**
The growing popularity of STRC reflects a broader trend: increasing demand for financial products that combine **yield generation with exposure to Bitcoin**. As institutional interest in digital assets continues to expand, instruments like STRC may play an important role in connecting traditional capital markets with the crypto ecosystem.
*Disclaimer: This content is for informational purposes only and should not be considered financial advice.*
