Strategy's STRC preferred stock estimated to have bought $741M in BTC over 4 days

Strategy (MSTR)'s perpetual preferred stock, STRC, is estimated to have purchased approximately 4,535.58 BTC, worth $741 million, over the past four trading days, according to BitcoinTreasuries.net. This volume is more than 2.5 times the amount of newly mined bitcoin during the same period. The buying is believed to be driven by an inflow of funds from investors seeking dividends ahead of the ex-dividend date. While the exact figures will be confirmed in a regulatory filing on April 6, the market anticipates the actual purchase amount could be even higher than current estimates.