MicroStrategy's STRC perpetual preferred stock daily volume hits record $1.5B

Daily trading volume for MicroStrategy's (MSTR) perpetual preferred stock, STRC, reached an all-time high of $1.5 billion on May 14, Cointelegraph reported. Based on this volume, the company could raise up to $735.4 million, an amount sufficient to purchase 9,066 BTC.