STRC Hits $1.1B: Michael Saylor’s Bitcoin Binge Continues, Wall Street Cheers

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Oh, darling, Strategy Inc.’s STRC just had its busiest day yet, and no, it’s not because someone spilled coffee on the trading floor. The real tea? Michael Saylor’s Bitcoin-hoarding machine is running hotter than a Bridget Jones’s diary entry after a bad date.

Key Takeaways (because who has time for nuance?):

  • STRC hit $1.1B on April 13, 2026, because apparently, Bitcoin is the new black.
  • Nasdaq’s STRC stayed near $100, funding enough Bitcoin to make Satoshi Nakamoto blush (7,800 to 10,834 BTC, to be precise).
  • Michael Saylor’s Strategy now holds 780,897 BTC-because why stop at a few when you can have almost 800k?

STRC Liquidity: Keeping Strategy’s Bitcoin Hoard Bigger Than My To-Do List

On April 13, STRC recorded roughly $1.1 billion in daily trading volume, because nothing says “I’m serious about Bitcoin” like a billion-dollar shopping spree. Estimates ranged from $1.06 billion to $1.156 billion, with the stock closing near its $100 par value-boring enough to fund something decidedly less boring.

STRC isn’t just another preferred share; it’s Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (try saying that after two glasses of Chardonnay). It pays about 11.50% annually, with monthly dividends, because who doesn’t love a little extra cash to blow on overpriced lattes?

Here’s how it works: When STRC trades at or above $100, Strategy issues new shares and turns that demand into Bitcoin. Wall Street gets yield, Michael Saylor gets Bitcoin, and I get another reason to avoid checking my retirement account.

Nearly all of April 13’s volume cleared above par, fully activating the ATM program (no, not the cash machine-the at-the-market program). This could’ve funded the purchase of 7,800 to 10,834 BTC, depending on how much Bitcoin was on sale that day.

Strategy’s latest buying spree saw it acquire 13,927 BTC for $1.001 billion at an average price of $71,902 per coin. Total holdings? 780,897 BTC. Total cost basis? Near $59 billion. Reserve value? Around $57 billion to $59 billion. Basically, Strategy’s Bitcoin stash is bigger than my student loan debt-and that’s saying something.

What’s truly impressive is how little the price moved. STRC stayed near par even as turnover blew past its 30-day average. Deep liquidity? Steady absorption? Or just a market that’s too busy to notice? Either way, it’s working.

For income-focused investors, STRC is like a reliable ex who still sends flowers: variable monthly dividends, low volatility, and a senior position in the capital structure. Sure, it’s not backed directly by Bitcoin, but who needs that when you’ve got Michael Saylor at the helm?

STRC has outpaced Strategy’s other offerings, becoming the workhorse of its capital plan. Launched in July 2025 with a $2.521 billion IPO, it now has about $6.36 billion in notional value outstanding. Analysts predict back-to-back billion-dollar weeks, meaning Strategy’s Bitcoin accumulation could keep coming in large, weekly chunks-because why stop now?

But, darling, not everyone’s clinking champagne glasses. Peter Schiff calls STRC’s mechanics a “Ponzi scheme,” because apparently, nothing says “I’m a skeptic” like a scathing critique. Critics warn that if investor demand weakens, Strategy’s buying machine could halt-and then what? Sell Bitcoin into weakness? Oh, the horror.

If April 13 is any guide, this machine isn’t slowing down. It’s getting more efficient, more liquid, and harder to ignore. So, if you were hoping Strategy might calm down and act like a normal software company, sorry, love-that ship has sailed.

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2026-04-14 21:27