Strategy is estimated to have bought about 8,000 BTC this week, with market watchers saying its total weekly purchases could climb to 10,000 BTC before trading closes. The demand has been driven by the company’s preferred-share financing vehicle STRC, which reportedly raised enough in the past two days alone to fund the purchase of roughly 5,895 BTC.
Heavy weekly buying builds as official figure remains pending
The latest market data points to an aggressive pace of capital raising and Bitcoin accumulation. As investors continue to move into these digital credit-style products for dividend exposure, Strategy’s buying has accelerated. The exact number still awaits official confirmation next Monday, but the current market estimate centers on a weekly total near 8,000 BTC.
If the final tally reaches 10,000 BTC, it would mark another large expansion of Strategy’s Bitcoin position through its financing structure. The speed of the purchases has also kept attention on how much more capital the company can continue to draw through these offerings.
STRC is aimed at institutions restricted by fixed-income mandates
According to the report, Strategy’s larger objective is not limited to adding more Bitcoin. CEO Phong Le said STRC is designed to give investors a lower-volatility path to Bitcoin exposure, especially those constrained by internal compliance rules or investment mandates tied to fixed-income products. The market it is trying to reach is estimated at $145 trillion.
The target group includes institutional investors, corporate treasuries, pension funds, insurance companies, investment advisers, and registered investment advisers. Many of these buyers cannot freely hold highly volatile crypto assets or directly purchase products such as spot ETFs. Strategy’s pitch is that preferred-share instruments can fit inside existing allocation rules while still linking portfolios to Bitcoin-related upside.
The article says STRC currently accounts for less than 0.002% of that potential market. If its share were to rise to 0.5%, the implied capital inflow would reach $725 billion. That estimate helps explain why the company is pressing ahead with the product.
Phong Le says STRC and MSBT serve different portfolio roles
The report also points to strong early demand for Morgan Stanley’s ETF, MSBT. On its first trading day, the fund bought 444 BTC, close to the network’s daily mining output of 450 BTC, and was described as the bank’s most successful ETF launch. Phong Le said he views STRC and MSBT as complementary rather than direct rivals.
His distinction is straightforward. ETFs are geared toward investors willing to absorb volatility and hold for the long run, while STRC is pitched to those who want Bitcoin-linked returns but need more stability in day-to-day portfolio construction. In his words, the product is meant to let investors capture Bitcoin’s benefits without taking on the full force of extreme price swings.