Strategy's STRC fund hits $100 as Bitcoin buys surge despite MSTR stock dip
Strategy's perpetual fund index, Stretch (STRC), has surged for four consecutive days, reclaiming the $100 level. The rally has boosted investor confidence, with the fund raising its dividend from 11.25% to 11.5%. Meanwhile, Bitcoin's recent dip has weighed on Strategy's stock (MSTR), which fell by roughly 10% in under 72 hours.
STRC's climb above $100 is significant because the fund channels its yield into Bitcoin purchases. This mechanism has already allowed MSTR to acquire 4,277 BTC over the past five trading days, with a total trading volume of $780 million. Analysts project that, at this pace, MSTR could hold up to 8,000 BTC by Monday—a near 90% increase from recent levels.
On 02 March, MSTR added over 3,000 BTC to its reserves, reinforcing its accumulation strategy despite broader market uncertainty. The fund's momentum appears to be supporting Bitcoin's price during periods of macroeconomic volatility, drawing attention from traders.
Vanguard remains the largest institutional shareholder in MSTR, holding an 8.12% stake. This backing adds weight to Strategy's aggressive Bitcoin acquisition approach, even as its stock faces short-term pressure from Bitcoin's 7% correction.
STRC's upward trend and higher dividend have strengthened its role in MSTR's Bitcoin strategy. With institutional support and rising trading volumes, the fund's accumulation pace is set to continue. Traders are now watching whether STRC can sustain its momentum amid shifting market conditions.
