Strategy just raised $440 million in two days through its preferred stock STRC, fueling expectations of a massive Bitcoin buying spree. With the CLARITY Act markup vote set for May 14, Chairman Michael Saylor is betting big on a regulatory breakthrough that could reshape digital asset markets.
STRC Raises $240 Million in a Single Day
Strategy’s STRC preferred stock pulled in an estimated $240.13 million in net proceeds on Tuesday through the company’s at-the-market selling program. That figure came on top of $206 million raised during Monday’s session.
Combined, the two-day haul reached roughly $440 million.
At current Bitcoin prices near $80,960, those funds could purchase approximately 5,500 BTC this week alone. On Monday, Strategy already snapped up 535 Bitcoin for $43 million at an average price of $80,340 per coin.
STRC closed Tuesday’s session at $100.01, barely above its $100 par value. That narrow spread matters because Strategy can only issue new STRC shares through its ATM program when the stock trades at or above par. Trading volume for the day reached $370.42 million, signaling heavy institutional and retail interest.
Strategy STRC preferred stock Bitcoin purchase CLARITY Act vote
How Strategy Became the World’s Biggest Corporate Bitcoin Holder
With the latest purchases, Strategy now holds 818,869 Bitcoin. That is nearly 4% of all Bitcoin that will ever exist.
The total cost basis sits at $61.8 billion, with an average purchase price of $75,540 per coin. At current market prices, the stash is worth roughly $66 billion.
Here is a quick look at Strategy’s Bitcoin war chest:
| Metric | Value |
|---|---|
| Total BTC Held | 818,869 |
| Average Cost per BTC | $75,540 |
| Total Cost Basis | $61.8 billion |
| Estimated Current Value | ~$66 billion |
| 2026 BTC Yield | 9.4% |
| ATM Capacity (MSTR + STRC + STRK) | $42 billion |
STRC has become the engine behind much of this accumulation. In March 2026 alone, roughly 75% of Strategy’s $1.57 billion capital raise came from STRC at-the-market sales. The remaining 25% came from MSTR common stock.
Saylor Calls CLARITY Act a Turning Point for Bitcoin
Strategy Chairman Michael Saylor took to X on Monday night with a full-throated endorsement of the CLARITY Act, the sweeping crypto market structure bill headed for a Senate Banking Committee markup on May 14.
“Last night’s CLARITY Act markup would unlock the next wave of Digital Capital, Digital Credit, and Digital Equity in the U.S. and globally,” Saylor wrote. He framed Bitcoin as digital capital, STRC as digital credit, and MSTR stock as digital equity tied to Bitcoin exposure.
He went further, highlighting specific language in the bill. “The bill recognizes activity-based rewards tied to payment stablecoins and distributed ledger participation as critical to enabling innovation, competition, and consumer adoption,” Saylor noted. “That is the path to responsible digital yield markets.”
The CLARITY Act would split crypto oversight between the SEC and CFTC based on an asset’s characteristics. Most blockchain-native tokens would be classified as digital commodities, shifting their regulation to the CFTC. The SEC would retain authority over primary fundraising and tokens that function as investment contracts.
If signed into law, the bill could give companies like Strategy a clearer legal runway to build yield-generating products around Bitcoin and tokenized financial instruments.
Prediction Markets and the Road to May 14
Not everyone shares Saylor’s optimism. On Polymarket, the odds of the CLARITY Act becoming law in 2026 have swung wildly in recent weeks.
The prediction market spiked to 82% earlier this month before dipping to 62% as banking industry pushback mounted. As of this week, odds have settled near 73%, reflecting cautious confidence ahead of Thursday’s markup vote.
The Senate Banking Committee will convene at 10:30 AM ET on May 14 to consider the full 309-page bill. Senators Tim Scott, Cynthia Lummis, and Thom Tillis released updated text after a three-month delay caused by disagreements over stablecoin yield provisions. A compromise banning yield equivalent to bank deposits but allowing “bona fide activities” paved the way for this week’s vote.
If the markup clears committee, the White House has set an ambitious target of signing the bill by July 4.
STRC Dividend Overhaul Could Reshape Preferred Stock Trading
Alongside the capital raise and CLARITY Act buzz, Saylor is also pushing shareholders to approve a major change to how STRC pays dividends.
Currently, STRC pays an 11.50% annual dividend on a monthly basis. Strategy wants to switch to semi-monthly payments, distributing dividends on the 15th and the last day of each month. The total payout stays the same. Each individual payment simply gets cut in half.
Why does it matter? Strategy believes more frequent, smaller dividends will:
- Keep the stock trading closer to its $100 par value
- Reduce sharp price drops on ex-dividend dates
- Create more reinvestment windows for shareholders
- Boost daily liquidity and attract new buyers
If approved, STRC would become the only semi-monthly dividend preferred stock in the U.S. market, standing apart from 921 quarterly payers and 32 monthly payers. Voting closes on June 8, with the first semi-monthly payment slated for July 15.
Saylor reposted the company’s official announcement on X with a simple message: “Help us make $STRC even better.”
The convergence of $440 million in fresh capital, a landmark crypto bill headed for markup, and a first-of-its-kind dividend proposal paints a clear picture of where Strategy is heading. Michael Saylor is not slowing down. He is building a financial machine designed to absorb Bitcoin at scale while lobbying for the regulatory framework to support it. Whether the CLARITY Act clears committee on Thursday could determine just how fast that machine accelerates. For Bitcoin believers and skeptics alike, this is a week worth watching closely.
What do you think about Strategy’s aggressive Bitcoin strategy and the CLARITY Act’s chances of becoming law? Drop your thoughts in the comments below.
