Strategy recorded its most explosive day yet for its STRC preferred stock program, with real-time trackers estimating the capital raised could fund the purchase of more than 4,000 Bitcoin in a single day. Roughly 7.3 million STRC shares traded on March 12, equal to about 471% of average daily volume. The surge extended the program’s at-the-market issuance streak to nine consecutive days, generating proceeds estimated to fund the purchase of roughly 4,038 BTC.

The acceleration was unusually fast. Analysts tracking the issuance say $STRC crossed the threshold to fund 3,000 BTC purchases, then surpassed 4,000 BTC in less than 90 minutes, while the stock remained anchored near its $100 par value. That stability appears to be attracting strong demand from income-focused investors drawn to the preferred stock’s ~11.5% annualized dividend yield, which offers lower volatility than Strategy’s common shares while still linking the instrument to Bitcoin accumulation.

Zooming out, the numbers are even more striking. The STRC program has now raised enough capital this week to fund the acquisition of more than 10,000 Bitcoin, equivalent to roughly $710 million in proceeds at prevailing prices, according to the tracker’s model. Those figures remain estimates. Final purchase numbers are expected to appear in a future SEC filing. As of its most recent confirmed disclosure on March 9, Strategy held 738,731 BTC, making it the world’s largest corporate Bitcoin treasury.

STRC itself is structured as a perpetual preferred stock with a $100 stated value, designed to channel demand from capital markets directly into Bitcoin purchases. Investors receive a variable monthly dividend currently annualized at around 11.5%, paid in cash, while Strategy uses the proceeds to expand its treasury without selling existing Bitcoin. In practice, the structure converts investor demand for yield into continuous Bitcoin accumulation through public markets.

Risk Note

Like any corporate preferred security, STRC carries risks. Dividends are not guaranteed and must be declared by the Strategy’s board; the yield can be adjusted, and the shares do not provide a direct claim on the company’s Bitcoin holdings. Market conditions, interest rates, or changes in Strategy’s capital structure could also affect the stock’s price and payout over time.

Roxom Turns STRC Dividends Into a Bitcoin Paycheck

At the same time, the Bitcoin-denominated exchange Roxom has launched STRC trading, with dividends settled directly in Bitcoin, allowing investors to receive the stock’s monthly payout in BTC rather than U.S. dollars. Investors who purchased STRC on Roxom before March 13 qualify for the first Bitcoin-settled dividend payment scheduled for March 31, effectively turning the preferred stock into what the exchange describes as a “Bitcoin paycheck.”

Through Roxom’s infrastructure, investors no longer need to receive equity dividends in dollars and manually convert them into Bitcoin. Instead, payouts are distributed natively in BTC, allowing income from traditional equities to be earned and settled directly within a Bitcoin-denominated financial system.

The listing is part of Roxom’s broader effort to build Bitcoin-native capital markets, where assets, performance, and cash flows are measured in Bitcoin rather than fiat currency. The platform already distributes dividends from companies like Apple and Microsoft in Bitcoin, positioning STRC as another step toward a financial ecosystem where yield, equities, and treasury strategies increasingly intersect with Bitcoin.

Why This Matters

Strategy’s model is increasingly turning traditional capital markets into a continuous Bitcoin accumulation engine. Yield-seeking investors buy STRC for income. Strategy converts that capital into Bitcoin purchases, and the expanding treasury strengthens the company’s balance sheet, creating a self-reinforcing accumulation cycle for Bitcoin.

With Roxom now settling those payouts directly in BTC, the model moves one step closer to a fully Bitcoin-native financial system, where investors can earn income, hold assets, and receive dividends entirely in Bitcoin.