Strategy (MSTR), the largest publicly traded holder of bitcoin sold a record number of its all-time favorite stock, Stretch (STRC), on Monday, using the proceeds to buy about 1,420 bitcoin, according to data from STRC.live.
Revenue from STRC, which debuted in July 2025, supports the company’s bitcoin accumulation strategy. Monday’s session recorded nearly $300 million in total trading volume, compared with a 30-day average of $124 million, according to the company’s dashboard.
The estimates are based on a method that derives purchases from sales in the market (ATM). The approach assumes that 40% of trading volume over $100 represents ATM issuance, with a 2.5% brokerage commission deducted before calculating the implied bitcoin purchase.
Last week, Strategy bought about $1.3 billion worth of BTC, nearly 18,000 coins.
The strategy has described STRC as being similar to a short-term, high-yield savings instrument. The company recently raised the dividend rate on STRC to 11.5%. The stock 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.
In an 8K filing Monday, Strategy amended its Omnibus Sales Agreement to allow multiple agents to sell the same class of securities on a single trading day during pre-market or after-hours sessions. The change allows additional agents to handle early or late trades, while block sales after 5 p.m. 16 ET is still allowed.
Strategy shares are up about 3% in pre-market trading to about $143 a share. stock.
