How Much Bitcoin Can Michael Saylor Buy With Strategy STRC Shares?
Michael Sayler's strategy may buy more Bitcoin (BTC) with the proceeds from STRC's stock sales in the coming weeks.
Main Receptors:
What is STRC stock?
Michael Saylor Strategy (MSTR) has about $50 billion in Bitcoin, the most of any public company on record.
Stratech (STRC) is an income-focused preferred stock strategy launched in July 2025 to raise capital for a Bitcoin accumulation strategy.
In the IPO, the company raised about $2.521 billion gross and $2.474 billion net. He then used those earnings to earn 21,021 BTC for an average of $117,256.
Strategy later expanded that model by launching a $4.2 billion STRC at Market (ATM) program on July 31, 2025, which allowed it to gradually sell preferred shares to market demand rather than selling them all at once.
How does STRC work?
The method works best when STRC is trading above its $100 target. For that, the strategy pays investors a variable monthly yield.
Higher output can support the price when it falls below supply, while lower output can cool demand when it rises above it. For March 2026, the annual STRC rate is 11.50%, or about $0.958 per month.
In short, STRC turns investors' interest in profits into cash for additional BTC purchases.
For example, in January, Strategy sold 1.19 million STRC shares for net proceeds of $119.1 million, along with $1.12 billion raised in the MSTR sale.
He used the total capital to buy 13,627 BTC for around $1.25 billion.
In February, STRC's proceeds of $78.4 million were used for a net purchase of 2,486 BTC.
Saylor may have $302 million in STRC earnings.
Strategy could soon raise more than $300 million in STRC preferred stock sales, which could give Michael Seiler enough firepower to buy nearly 4,300 bitcoins, according to BitcoinQuant estimates.
The forecast is based on STRC trading activity this week. BitcoinQuant's model shows roughly $777 million in total volume, with roughly 97%, or $755 million, traded above the $100 share price.
Using a 40% capture rate, the model estimated a net income of $302 million, enough to buy 4,334 BTC based on an average bitcoin price of $68,000 to $73,000 during market hours.
Friday alone saw a record $188 million in STRC trading volume, which is enough revenue to fund the purchase of around 1,097 BTC based on the same model.
Related: Michael Saylor's Strategy Buys $204M of Bitcoin in 101st Purchase
However, the figures are estimates for now. The strategy's latest filing showed just $7.1 million in STRC sales, contributing to a massive 3,015 BTC purchase.
Whether this week's trading surge translates into larger Bitcoin purchases should be clear in the company's next SEC filing, due March 9.
This article does not contain investment advice or recommendations. Every investment and business activity involves risk, and readers should do their own research when making a decision. While we strive to provide accurate and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph shall not be liable for any loss or damage arising from reliance on this information.
