Strategy achieves record-breaking STRC sale day, purchasing approximately 1,420 BTC
Following the relaxation of ATM sales limitations, Strategy executed its largest-ever STRC sale, generating funds for an estimated 1,420 Bitcoin acquisition in one trading day.
Strategy, led by Michael Saylor and recognized as the largest publicly traded corporate Bitcoin holder globally, executed a record-breaking sale of Stretch (STRC), its perpetual preferred equity instrument, following Monday's amendment to its sales framework.
The company is projected to have acquired 1,420 Bitcoin (BTC) within a 24-hour period following the sale of approximately 2.4 million STRC shares via its at-the-market (ATM) offering program, based on information from STRC.live. This volume represents the highest estimated single-day STRC issuance and corresponding BTC acquisition, eclipsing the prior benchmark of 1,069 BTC, as noted in a Monday post on X by STRC.live.
On Monday, Strategy unveiled a significant modification to its at-the-market (ATM) equity sales framework, permitting a secondary agent to execute securities transactions during pre-market and post-market hours, removing a previous constraint that restricted such transactions to a single agent during regular trading hours.
STRC is one of the major pillars of Strategy's Bitcoin buying
STRC represents Strategy's variable-rate perpetual preferred equity offering, introduced in July 2025 as part of a diverse portfolio of securities the corporation employs to finance its Bitcoin treasury operations, in conjunction with additional ATM programs including Stride (STRD), Strife (STRF), Strike (STRK) and its common equity (MSTR). The company indicates this stock delivers monthly variable cash distributions, with the annualized dividend rate for March established at 11.5%.
Several market analysts suggested that the revised sales framework could enable Strategy to distribute equity more effectively during extended trading sessions, possibly expediting future fundraising efforts connected to Bitcoin acquisitions.
A lot more capital will be raised, and a lot more Bitcoin will be purchased
market observer Ragnar
Based on data from STRC.live, projections from the previous week indicated that STRC revenues would support a weekly acquisition of roughly 4,300 BTC (valued at $303 million). Nevertheless, the real purchase surpassed these projections, with Strategy disclosing approximately $378 million in STRC sales in its Securities and Exchange Commission filing on Monday.
Strategy disclosed a substantial $1.3 billion BTC acquisition, representing one of the company's most significant Bitcoin purchases to date. The common equity MSTR generated the highest proceeds among reported transactions, producing close to $900 million in capital.
The performance metrics for STRC highlight the continued rapid growth in investor demand, even as Bitcoin's market price remains beneath Strategy's disclosed average acquisition cost basis of $75,862.