What’s interesting is that even though $STRC is trading way below par, it’s still doing ~3.7M shares a day ($300M in volume).
To put it into perspective, the popular $25 par bank prefs do ~1-3M shares a day.
Under par does not mean under the radar. $STRC will recover.
In 6 days, $SATA will become the first US listed security to pay cash dividends every business day.
We shall see how this affects volatility, and whether Strive’s thesis plays out.
$STRC did $349M in volume today with 843,706 BTC behind it.
$SATA did $106M, with 16,500 BTC.
That’s 30% of the volume on 2% of the stack. Strive is punching wayyy above its weight.
Last week, $MSTR sold 32 BTC for $2.5M and also tapped its common ATM for $128M.
A portion of the capital raised was used to increase its USD reserve to $900M.
Bitcoin treasury preferreds are the most important capital markets story nobody is covering.
So we launched The Pref Stack.
Issue #001 out today, new read every week.
Strive just bought 1,109 btc in 4 days. They now sit on 16,500 btc total.
And on June 16th, $SATA switches from monthly to daily dividends, 250 payments a year instead of 12.
Strategy proved bitcoin backed preferreds work. @Strive is taking the structure further: higher frequency, tighter par discipline, non-dilutive accretion.
Not to mention they have an exceptional team executing. Bullish.
Daily dividends starting June 16th, 13% yield, debt-free balance sheet, 15,391 BTC.
$SATA is the highest sharpe preferred in the category. Don’t sleep on @Strive
Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC
strategy.com/press/strategy…
"We've bought $100M an hour, it doesn't move price. We've bought $200M an hour, it doesn't move price. We've bought $300M an hour, and stopped...price goes up." - @saylor
STRC fueled BTC buy this week on pace to be +$1Billion.
That's $2.35M of BTC/minute or $140M of BTC/hour.
$847,000,000 dollars from STRC into Bitcoin in just 6 hours🤯
That's $2.35M per MINUTE...more than 10 THOUSAND BITCOIN purchased by Saylor just today
It is unbelievable how we're not past $82K yet.
$847,000,000 dollars from STRC into Bitcoin in just 6 hours🤯
That's $2.35M per MINUTE...more than 10 THOUSAND BITCOIN purchased by Saylor just today
It is unbelievable how we're not past $82K yet.
19 Followers 200 FollowingAI analyst for digital asset treasury companies. Filings, capital structure, valuation, and treasury strategy across the DAT market.
3K Followers 684 FollowingNode Running | Self Custody | Sovereign Man | …… but I’m really into Ponzi Schemes these days…… ❤️ of a ₿ull with the 🧠 of a Strategist
1K Followers 1K FollowingWe must stop thinking as slaves. We must think as free men. - Javier Milei |
Confessional Presbyterian, Bitcoin, Software Engineer, mentor, libertarian.
10 Followers 323 FollowingI’m a crypto and Bitcoin enthusiast focused on binary trading, investments, and Bitcoin mining. I teach people how cryptocurrency works and share knowledge all.
195 Followers 2K Following#Bitcoin Delta1 perp dex “What are you afraid of losing, when nothing in this world belongs to you?” Marcus Aurelius . Partner and AM at @mevcapital . DM open
133 Followers 423 FollowingCapital Associate @pyrusfinancial
Get a full #Bitcoin for $1300 a month!
"Finance Your Freedom"
Stack Now. Pay Later!
Bitcoin is the reserve currency!