Strategy's STRC logs record $1.53B trading volume — fueling an 11,707 BTC purchase!

Strategy's perpetual preferred stock STRC hit a record $1.53 billion in trading volume on Thursday — more than four times its 30-day daily average of roughly $331 million — as investors rushed to capture the upcoming monthly dividend ahead of the ex-dividend cutoff. Most shares traded at or above their $100 par value, reflecting strong demand for the 11.5% annual yield paid in cash.

According to BitcoinQuant, the surge in STRC activity directly funded the purchase of 11,707 bitcoin through Strategy's at-the-market program, which issues new shares to raise capital for additional BTC acquisitions. The company, already the world's largest public corporate holder of bitcoin, continues to deploy every available capital mechanism to grow its treasury.

By Friday pre-market, STRC had slipped to $99.12 — down roughly 1% — a textbook ex-dividend drop as the shares began trading without the…