Strategy’s preferred stock STRC hits record single-day trading volume of $1.53 billion, enabling the purchase of over 11,700 bitcoins

According to CoinDesk, Strategy’s perpetual preferred stock STRC recorded a single-day trading volume of $1.53 billion on Thursday—its all-time high and over four times its 30-day average daily volume (approximately $331 million). Per BitcoinQuant data, this surge in trading volume helped the company raise capital via its ATM (at-the-market) issuance program and acquire approximately 11,707 bitcoins. The spike in volume was primarily driven by ex-dividend date “rights-grabbing” trades—STRC currently offers an 11.5% annualized dividend, paid in cash monthly.