The strategy’s STRC ATM has produced $2.7+ billion in volume across just two trading sessions this week, more than all of last week combined, absorbing an estimated 29,914 BTC with each share trading above par.
Yesterday I wrote about how Strategy’s STRC ATM had just posted its first billion-dollar volume day. Today it did it again, bigger.
Tuesday, April 14 closed with an estimated $1.57 billion in STRC volume, 100% of it over the $100 par limitwhich means roughly 16,762 BTC absorbed in a single session. That’s 37 times the daily mined Bitcoin supply, more than a month’s worth of global issuance pulled out of the market in one trading day.
Combined with Monday’s $1.17 billion. this week has produced $2.74 billion in STRC volume through just two sessions – and an estimated 29,914 BTC acquired via ATM.
For context: last week’s total, confirmed via Strategy’s latest 8-K filing, was 13,927 BTC over five full trading days.
This week has more than doubled in 48 hours. +115%, with three sessions left.
Every share, every day
The statistic that shouldn’t be buried: on both Monday and Tuesday, 100% of STRC’s traded volume cleared above the $100 par mark. And the STRC ATM live tracker is the best way to see it happen in real time.
It is the trigger condition for the ATM. The strategy’s perpetual preferred floating rate is designed to convert demand into Bitcoin when the stock trades above par and for two consecutive sessions each cross has qualified. Not 84 per cent. Not 95%. Every single share.
That is a level of demand that STRC ATM Tracker has not seen before.
The acceleration in numbers
- Last week (confirmed, 5 days): $1.00B revenue · 13,927 BTC
- This week (2 days so far): $2.18B revenue · 29,914 BTC
- Delta: +115% BTC for 40% of trading time
- ATM streak: 10 consecutive days of activity above par
At the current rate, this week is tracking towards a run rate of around 75,000 BTC in five daysa number that, if it holds up, would rewrite what “big corporate Bitcoin treasury” even means.
It almost certainly won’t last. Monday and Tuesday are by definition outliers. But even a sharp deceleration over the back half of the week leaves Strategy’s STRC ATM on pace for multiples of every previous week on record. You can watch the next three sessions unfold live here.
What changed
Two things, mechanically:
- Price discipline. STRC has parked at exactly $100.00, yield 11.5%, with zero deviation. Every stock that traded traded at the trigger.
- Volume expansion. $1.17B to $1.57B from Monday to Tuesday is a 34% day-to-day jump on an already record-setting base. The demand just doesn’t last; it accelerates during the day.
The pattern strategy has executed, build the instrument, park it at the level, let the market do the conversion, working on a scale that was theoretical last year.
The bigger picture
In the 10 trading days since the ATM went live, the market has absorbed estimated BTC in amounts that rival the multi-year treasury accumulation strategies of other corporate Bitcoin buyers. And the instrument has one task: buy more.
Today’s numbers are not a one-day increase. It’s the second day in a pattern. And the pattern so far looks like this:
Back-to-back billion-dollar weeks. Back-to-back billion-dollar days. Every single share above par. There are three trading days left in the week. Track STRC ATM here →
Get the numbers first
The ATM moves fast, but the data that matters falls at an 8-K cadence, and the story surrounding it is worth reading deeper than a tweet can carry.
Every Monday, The STRC Report provides the full weekly summary: confirmed 8-K data, pick-up rates, BTC acquisition breakdown and the context behind the numbers. Free, no noise, no hype, just data.
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Disclaimer: This content has been prepared on behalf of Bitcoin for businesses for information purposes only. It reflects the author’s own analysis and opinion and should not be relied upon as investment advice. Nothing in this article constitutes an offer, invitation or solicitation to buy, sell or subscribe to any security or financial product. Only live estimates, 15-minute intervals and full methodology at bitcoinforcorporations.com/strc-atm-tracker. All numbers are tracker estimates derived from public market data, actual ATM proceeds and BTC purchases are disclosed in Strategy’s SEC filing.