BitcoinQuant

The leading analytics terminal for Bitcoin capital markets.

[Halston @halstonvalencia]

$STRC did $349M in volume today with 843,706 BTC behind it.

$SATA did $106M, with 16,500 BTC.

That’s 30% of the volume on 2% of the stack. Strive is punching wayyy above its weight.

[BitcoinQuant @bitcoinquant_]

Saylor said he wanted to “inoculate” the market. This sell should be of no surprise.

[Mark Harvey @thepowerfulHRV]

Last week, $MSTR sold 32 BTC for $2.5M and also tapped its common ATM for $128M.

A portion of the capital raised was used to increase its USD reserve to $900M.

[Halston @halstonvalencia]

Bitcoin treasury preferreds are the most important capital markets story nobody is covering.

So we launched The Pref Stack.

Issue #001 out today, new read every week.

[Halston @halstonvalencia]

Strive just bought 1,109 btc in 4 days. They now sit on 16,500 btc total.

And on June 16th, $SATA switches from monthly to daily dividends, 250 payments a year instead of 12.

Strategy proved bitcoin backed preferreds work. @Strive is taking the structure further: higher frequency, tighter par discipline, non-dilutive accretion.

Not to mention they have an exceptional team executing. Bullish.

[BitcoinQuant @bitcoinquant_]

Strive, The Daily Dividend Company at Bitcoin for Businesses w/ @PunterJeff & @Werkman!

[Halston @halstonvalencia]

Daily dividends starting June 16th, 13% yield, debt-free balance sheet, 15,391 BTC.

$SATA is the highest sharpe preferred in the category. Don’t sleep on @Strive

[Mark Harvey @thepowerfulHRV]

$SATA has actually had lower volatility than $STRC over the past 7 days.

[BitcoinQuant @bitcoinquant_]

@thepowerfulHRV Strive is going to do big things 💯

[BitcoinQuant @bitcoinquant_]

Bitcoin is down ~13% YTD.
Strategy’s BTC Yield is +12.6%.

That’s a ~26-point spread generated by financial engineering on top of a bitcoin treasury.

[Strategy @Strategy]

Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC
https://t.co/edM1l29DZG

[BitcoinQuant @bitcoinquant_]

Less debt, less dilution, stronger balance sheet. 💪

[Michael Saylor @saylor]

Strategy to repurchase $1.5 billion principal amount of 2029 convertible notes. $MSTR $STRC https://t.co/enRuc7PBkY

[Luke Martin @VentureCoinist]

"We've bought $100M an hour, it doesn't move price. We've bought $200M an hour, it doesn't move price. We've bought $300M an hour, and stopped...price goes up." - @saylor

STRC fueled BTC buy this week on pace to be +$1Billion.

That's $2.35M of BTC/minute or $140M of BTC/hour.

[InvestAnswers @Investanswers]

If you’re still 🐻 , you don’t understand what’s happening

[Adam Livingston @AdamBLiv]

Strategy just sold ~$1.16 billion of STRC today.

Permanent capital in Bitcoin going to the balance sheet.

~14,155 Bitcoin acquired - all they have to do is pay 11.5%.

For reference, Palantir just reported a net income of $871 million... for ONE QUARTER.

Yes... Saylor just raised ~$250 million more in one trading session than Palantir's Q1 NET INCOME.

Palantir trades at a 150 P/E ratio.

Which growth story do you think the market is undervaluing?

[gum @gumsays]

$847,000,000 dollars from STRC into Bitcoin in just 6 hours🤯

That's $2.35M per MINUTE...more than 10 THOUSAND BITCOIN purchased by Saylor just today

It is unbelievable how we're not past $82K yet.

[Zaid 🟧 @zaidlikesmstr]

$MSTR

This is getting WILD.

We’re now well past yesterday’s full-day volume at just the halfway point of today’s session, with flow continuing to build rather than taper.

Sitting at ~$580M in trading volume

% volume >100 has now moved up to 90%.

Could we be looking at a new record in trading volume today? Possibly.

$1B in trading volume now imminent.

$BTC $MSTR $STRC

[Zaid 🟧 @zaidlikesmstr]

$MSTR

Nearly 2,000 coins absorbed so far…..

The day is panning out largely as anticipated.

Already at $304M in volume, sitting well above the halfway mark of yesterday’s total in just the first 90mins

Pre-market briefly pushed price action below PEG, which is why % volume >100 is currently holding around 80%. That figure continues to firm higher as we stabilize above PEG through the session.

Roughly ~$159M raised in the first “stretch” of trading. (Likely conservative given the assumption tends to understate realized ATM capital raised in prior periods.)

On pace for a $1B+ volume day.

$BTC $MSTR $STRC

[BitcoinQuant @bitcoinquant_]

$SATA just became the first listed security in U.S. history to pay daily cash dividends.

250 ex-dividend dates a year instead of 12, so the volatility that normally clusters around one monthly event disperses across the entire trading calendar.

Not to mention at 13%, the jump from monthly to daily adds 7.6 bps of effective yield.

@Strive is rewriting the structure.

[Halston @halstonvalencia]

Two days in.

1,603 BTC potentially acquired, 51% of weekly mined supply.

$STRC has 25x the daily liquidity of the second largest preferred on the market.

[Mark Harvey @thepowerfulHRV]

The $STRC ATM is already working hard in the premarket.

81 BTC purchased so far, based on @bitcoinquant_ estimates.

[BitcoinQuant @bitcoinquant_]

Only thing better than $STRC & $SATA is when you get those divs paid in btc!

@roxom can make that happen 😉