Strategy STRC Stock Hits Record $1.53 Billion Trading Volume Amid Rising Bitcoin Demand

Strategy’s Series A Perpetual Stretch Preferred Stock (STRC) achieved a new milestone on Thursday after recording an all-time high daily trading volume of $1.53 billion. The surge surpassed the company’s previous record of $1.1 billion set on April 13, signaling growing investor interest in the Bitcoin-focused financial product.

Executive Chairman Michael Saylor acknowledged the strong market activity in a post shared on X, emphasizing the increasing liquidity surrounding STRC. The preferred stock has become a key part of Strategy’s long-term plan to finance additional Bitcoin (BTC) acquisitions while offering investors attractive yield opportunities.

STRC currently provides an 11.5% dividend rate, which has remained unchanged since March. The product continues to attract attention from both institutional and retail investors seeking exposure to Bitcoin-related assets combined with fixed-income style returns.

Recent reports revealed that STRC-linked funding helped Strategy acquire approximately 77,000 BTC through late April. The amount significantly exceeded the combined net Bitcoin purchases made by all US spot Bitcoin ETFs during the same period, highlighting the company’s aggressive accumulation strategy.

As demand for STRC continues to rise, Strategy recently proposed modifying its dividend distribution structure. The company plans to transition payments from a monthly schedule to a semi-monthly system in an effort to enhance investor appeal and improve cash flow flexibility.

Competition in the preferred stock market is also intensifying. Asset management firm Strive announced that its Variable Rate Series A Perpetual Preferred Stock (SATA) will begin daily dividend payments starting June 16, potentially increasing pressure on Strategy’s offering.

Despite the growing popularity of STRC, critics remain skeptical of Strategy’s financing model. Economist and longtime Bitcoin critic Peter Schiff recently described the preferred stock structure as resembling a Ponzi scheme, renewing debate over the sustainability of Bitcoin-backed corporate financing strategies.