Strategy STRC Hits ₱93.98 billion ($1.57 billion) Single-Day Volume Record
Strategy's STRC perpetual preferred stock hit a single-day volume record of ₱93.98 billion ($1.57 billion) on Tuesday, April 14. The automated conversion mechanism absorbed an estimated 16,762 BTC in one session—37 times the daily mined Bitcoin supply.
Key Takeaway
Strategy's automated conversion mechanism is now absorbing Bitcoin at a weekly run rate of 75,000 BTC.
Strategy's STRC perpetual preferred stock achieved a single-day volume record of ₱93.98 billion ($1.57 billion) on Tuesday, April 14, marking the second consecutive billion-dollar day. Monday's session cleared ₱70.03 billion ($1.17 billion), pushing the two-day total to ₱164.01 billion ($2.74 billion) and netting $2.18 billion in proceeds—more than double the $1.00 billion raised over five full sessions the previous week.
The STRC ATM absorbed an estimated 16,762 BTC on Tuesday alone, equivalent to 37 times the daily mined Bitcoin supply. Across both Monday and Tuesday sessions, Strategy acquired roughly 29,914 BTC, a 115% increase versus the previous week's confirmed haul of 13,927 BTC, achieved in 40% of the trading time. At the current pace, the weekly run rate would hit 75,000 BTC over five trading days.
STRC is a variable-rate perpetual preferred stock that automatically converts demand into Bitcoin whenever the stock trades above $100 par. On both Monday and Tuesday, 100% of traded volume cleared above the $100 threshold, with the stock priced at par yielding 11.5%. The instrument has now traded above par for 10 consecutive days since the ATM went active in early April.
Bitcoin For Corporations writer Nick Ward, who tracks the ATM in real-time at 15-minute intervals, noted that the pattern Strategy has been executing—build the instrument, park it at par, let the market do the conversion—is working at a scale that was theoretical last year. Day-over-day volume jumped 34% from Monday to Tuesday, with Strategy disclosing actual ATM proceeds and BTC acquisitions in SEC 8-K filings confirming the previous week's 13,927 BTC acquisition while current-week estimates derive from public market data.
This article was written based on reporting from Bitcoin Magazine.



