Strategy Buys $82M in Bitcoin as STRC Tokenized Stock Adds New Twist to Saylor’s BTC
Strategy, led by Michael Saylor, has expanded its Bitcoin treasury to 850,364 BTC following the acquisition of 1,036 additional coins for $81.9 million. This purchase was financed through a $283.8 million common-stock offering, which also facilitated a $188.3 million repurchase of STRC preferred shares. The STRC instrument, a variable-rate perpetual preferred stock, has gained significance in the RWA sector through its tokenized version, STRCon, launched by Ondo Finance in April 2026. STRCon provides blockchain-based economic exposure to Strategy's preferred stock across Ethereum, Solana, and BNB Chain, allowing investors to access digital credit securities outside traditional brokerage platforms. While secondary market token trading does not directly fund Strategy's Bitcoin purchases, it represents a strategic expansion into tokenized financial infrastructure. This development highlights the growing intersection between corporate treasury management and decentralized finance protocols. Despite recent market pressure and Bitcoin price volatility, Strategy continues to leverage its equity and preferred stock structures to maintain its aggressive accumulation strategy.