MicroStrategy’s STRC Preferred Stock Buys 10X More Bitcoin Than All ETFs in 2026
Summary
MicroStrategy's STRC perpetual preferred stock has facilitated the purchase of 77,000 Bitcoin in 2026, outpacing the 8,000 Bitcoin net purchases made by all U.S. spot ETFs. By issuing new shares when trading at or above par, the company effectively converts credit market demand into Bitcoin holdings without diluting common stock. Consequently, MicroStrategy now holds over 815,000 Bitcoin, surpassing BlackRock's iShares Bitcoin Trust.
(Source:BeInCrypto)