Strategy (MSTR) reported its largest single-day issuance of perpetual preferred equity, STRC, on Monday. The company utilized proceeds from this issuance to acquire an estimated 1,420 bitcoin.
This equity issuance generated approximately $300 million in trading volume, significantly exceeding the 30-day average of $124 million. The STRC equity, introduced in July 2025, is designed to support Strategy's bitcoin accumulation strategy, offering monthly cash distributions with a current dividend rate of 11.5%.
An amendment to Strategy's Omnibus Sales Agreement now permits multiple agents to execute sales of the same security, including during pre-market and after-hours trading sessions. This change aims to enhance the efficiency of early or late trades.