How Much Bitcoin Can Michael Saylor Buy via STRC Sales?

Michael Saylor’s Strategy may buy more Bitcoin in the coming weeks using proceeds from sales of its STRC preferred stock. STRC, launched in July 2025 as an income-focused preferred, raised about $2.521 billion gross ($2.474 billion net) in its IPO and funded the purchase of 21,021 BTC at an average price of about $117,256.

Strategy also set up a $4.2 billion STRC at-the-market program on July 31, 2025 to sell shares gradually into market demand. The preferred is structured to trade near a $100 par by adjusting a variable monthly yield; higher yields can support price when it falls below par and lower yields can cool demand when it rises.

For March 2026 the annualized STRC rate is 11.50%, or about $0.958 per share monthly.

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