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Strategy's STRC program raises $2B to buy over 25,000 Bitcoin in four days.

Market News
16 May 2026
Coingape
View Source
Bullish
pluang ai news

Strategy's STRC preferred stock program raised approximately $2 billion in net proceeds over four trading days from May 11 to May 14. This capital influx allowed the company to acquire more than 25,000 Bitcoin during that period, with daily Bitcoin purchases peaking at 14,439 BTC on May 14. The STRC stock, which has a floating dividend, traded close to $100 throughout the week. Meanwhile, a proposal to pay STRC shareholders dividends every 15 days is currently under review, reflecting the company's ongoing efforts to expand its Bitcoin holdings.

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