STRC is now trading 35% of MSTR's daily share volume on a 7-day MA. SATA is at 6% of ASST. But that's the wrong number. Run the dollar volume instead. Over the last 30 days: MSTR ~$2.96B/day · STRC ~$409M/day → STRC = 14% of MSTR's dollar flow ASST ~$55M/day · SATA ~$19M/day → SATA = 35% of ASST's dollar flow The ratio inverts because share volume hides what par-priced instruments actually move. A SATA share trades at ~$100. An ASST share trades at ~$17. One SATA print is six ASST prints. Of every dollar of capital touching the Strategy stack on a given day, 12¢ goes through STRC. Of every dollar touching the Strive stack, 26¢ goes through SATA. Strive's preferred is doing more of the work for its common than Strategy's is, proportional to the size of each ecosystem. In absolute terms STRC is a $400M+ daily market. SATA is still a $19M one. The instrument is real on both sides. The scale isn't comparable yet. Watch the trajectory. STRC went from 4% of MSTR share volume in November to 35% today. Six months. But remember, SATA is a LOT newer than STRC. The same curve is starting to bend on SATA - 2% to 6% over the same window - just from a smaller base. Can't wait to continue watching digital credit adoption in real time... especially with daily and semi-monthly dividends for the instruments.

STRC volume today: 15.60M shares. ~$1.56B notional. For context, the entire month of October 2025 averaged barely a million shares a day. Today did fifteen. 4.3x the 15-day moving average. The most liquid preferred on Nasdaq is a fire hose pointed at the orange coin.

STRC is the greatest business model of all-time. Saylor raised over $10 billion in 2036 capital in ONE DAY... assuming Bitcoin goes up 25% per year. Today's volume @ 80% capture rate over $100 par. BTC acquired: 14,172 BTC Average BTC price: $81,920 Dollar amount raised/deployed: about $1.161B Dividend rate: 11.5% annually BTC growth assumption: 25% CAGR Timeframe: 10 years After 10 years at 25% CAGR: BTC price: $81,920 × 1.25¹⁰ = $762,939 Value of 14,172 BTC: 14,172 × $762,939 = $10.81B Annual dividend cost: $1.161B × 11.5% = $133.5M per year Total dividends paid over 10 years: $133.5M × 10 = $1.335B The green bars are the CUMULATIVE running total of dividends paid over a decade. The dividend is also assumed at Strategy ALWAYS paying 11.5%... when in reality rates will likely be lower. Paying 11.5% in fiat to stack compounding Bitcoin is incredible. One day of trading. $9.47 billion in spread value captured over a decade. Strategy will be the most valuable company in the world.

STRC MADNESS IS HERE 3.5 hours for $785.4 million in trading volume. 80% capture rate means roughly $628.32 million dollars raised. In 3.5 hours. 210 minutes. $3 million per minute. 0.6 BITCOIN PER SECOND. S&P 500 companies who do less than that PER QUARTER in PROFIT: AutoZone Starbucks Lululemon Domino's Pizza Dollar Tree AirBnb 3M

🚨 STRC 8-K confirmed: 24,066 BTC acquired last week 19.5M shares → $1.95B → 24,066 BTC at $81k avg Second-largest STRC week ever—only Apr 13-19 (29,253 BTC) was bigger. 3x the 4-week average after weeks of quiet.

WOW: STRC has a BLISTERING pace today... On pace to have $1.478 BILLION in trading volume if this holds up today. That would be about 14,775 Bitcoin acquired in ONE DAY with an 80% capture rate of volume over $100. CRAZINESS!!!

Spot STRC is now live on Felix. STRC investors on Felix have economic exposure to the current 11.50% annualized dividend for Strategy’s preferred stock. Access STRC now at

With the additional STRC capital raise and this Bitcoin dip, we are now seeing the highest amplification ratio for MSTR in the digital credit era. 37%. The snapback will be violent when it happens.

30 Day STRC Buying → May 2026 • TradFi + corporate retail: $3.5B • @apyx_fi: $280M • @pendle_fi: $245M indirectly • @saturn_credit: $70M • Other protocol: $50M DeFi has already contributed more than 10% of total STRC share buying. Over $4B in purchases → the biggest buying month in STRC history. Traditional and crypto investors are piling in, treating STRC like a high-yield savings product backed by Strategy’s ~818k BTC treasury. ATM order-book depth is surging, with nearly $4B in standing bids at times. It feels like a perfect combination of: • attractive product design (high yield + relatively low volatility) • exploding DeFi adoption • and a very strong Bitcoin narrative.