PANews, March 10: According to CoinDesk, Strategy recorded its largest single-day issuance of STRC shares on Monday, raising funds to purchase approximately 1,420 Bitcoin. Trading volume for STRC on that day approached $300 million, more than double the 30-day average of $124 million. The company also amended its Omnibus Sales Agreement to allow multiple agents to execute share sales outside regular trading hours, enhancing flexibility in financing Bitcoin acquisitions through STRC.
Strategy Issues STRC to Raise Funds, Purchases 1,420 BTC on Monday
PANewsShare
Summary
Strategy issued a record 1,420 BTC on Monday via STRC, using on-chain trading signals to guide purchases. The token’s 24-hour trading volume neared $300 million, more than double its 30-day average. The firm updated its Omnibus Sales Agreement to permit after-hours stock sales, enhancing liquidity and improving the risk-to-reward ratio for BTC acquisitions.
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