Strategy (MSTR) Bought over 4,000 Bitcoin today via STRC

The strategy appears to have bought more than 4,000 bitcoins on Thursday, according to estimates derived from real-time trading data and community tracking dashboards that monitor the firm’s preferred stock sales.

Data from STRC.live and market trackers suggest the purchases were funded through heavy issuance of the company’s Variable Rate Series A Preferred Stock (STRC), a perpetual preferred instrument that Strategy has increasingly used to raise capital for bitcoin accumulation.

By the end of the day in New York, trading activity meant the firm had already raised enough capital to acquire more than 4,000 BTC, marking the largest single-day bitcoin purchase funded through STRC since the instrument was launched.

The increase follows unusually strong activity earlier in the week. On March 10, STRC recorded a record $409 million in daily trading volume while maintaining around 3% 30-day volatility and a one-month volume-weighted average price near $99.78.

On-chain indicators and community monitoring suggested that the day’s activity funded the purchase of more than 2,000 BTC, already one of the largest one-day accumulations linked to the instrument.

Thursday’s pace easily surpassed that number.

Strategy, already the largest public company owner of bitcoin, has increasingly leaned on its preferred stock program to fund additional acquisitions.

Earlier this year, the company modified its at-the-market (ATM) program to allow multiple agents to sell STRC shares simultaneously. The change increased the liquidity of the instrument and made it easier for Strategy to raise large amounts of capital quickly, with the proceeds directed towards bitcoin purchases.

Real-time dashboards that track STRC trading attempt to estimate how many shares the Strategy itself issues versus secondary market trades.

Because the company has previously indicated that it can sell shares when the price trades above its stated amount of $100, analysts can estimate the capital raised when trading takes place above this threshold.

A recent SEC filing revealed that the company purchased 17,994 BTC between March 2 and March 8 for approximately $1.28 billion. This acquisition lifted the firm’s total holdings to about 738,731 BTC, representing about 3.5% of bitcoin’s circulating supply.

The filing showed the purchase was financed through a combination of $377.1 million in STRC sales and $899.5 million raised through equity issuance.

Based on these numbers, STRC accounted for about 29.5% of the funding for the five-day accumulation period, equivalent to about 5,300 BTC acquired through the sale of preferred shares.

If Thursday’s estimates prove accurate, today’s buying alone could exceed the average daily bitcoin buying pace seen during the previous buying window.

The data remains unofficial. Strategy typically confirms purchases later through SEC filings or public disclosures.