Strategy ( MSTR ) sold more of its perennial favorite stock, Stretch ( STRC ) , on Tuesday to buy about 1,000 bitcoin in the biggest single-day gain for the instrument since it began trading in July 2025, according to data from STRC.live.
Strategy is the largest publicly traded holder of bitcoin, and the proceeds tied to STRC trading activity support its bitcoin accumulation strategy. Tuesday’s session recorded $198.7 million in total trading volume, compared with a 30-day average of $123.3 million, according to a firm’s dashboard.
About $177 million of the total traded above STRC’s $100 par value, the level at which the strategy can activate its at-the-market (ATM) issuance program for the stock.
Tuesday’s buying follows the estimated accumulation of around 763 BTC linked to STRC activity on Monday, bringing the two-day total to around 1,762 BTC.
The estimates are derived from a method that approximates bitcoin purchases from ATM sales. It is assumed that 40% of trading volume above the $100 threshold represents ATM issuance, with a brokerage commission of 2.5% deducted before calculating the implied bitcoin purchases.
The strategy has described STRC as being similar to a short-term, high-yield savings instrument. The company recently raised the dividend yield on STRC to 11.5%, the seventh dividend increase since the product’s debut.
STRC pays monthly cash distributions. The dividend rate is adjusted monthly to keep the shares trading close to their $100 par value while limiting price volatility.
Strategy’s common stock rose more than 7% in premarket trading, reaching about $142 a share. stock as bitcoin rose above $71,000 for the first time in a month.
