Strategy’s STRC Attracts $240M Capital As Michael Saylor Lauds CLARITY Act

Strategy’s STRC raised an estimated $240.13 million net proceeds with its at-the-market (ATM) program. It shows fresh investor demand for the preferred stock as it trades above its par value.

Strategy’s STRC Sees $440M Proceeds This Week

According to figures from Bitcoin Treasuries, STRC drew enough capital to buy 2,978.5 BTC at an average Bitcoin price of $80,622.

In addition, it previously raised $206 million in Monday’s trading session with the week’s total at $440 million just in two days. This suggests that the company now has funds to buy at least 5,500 BTC this week.

Moreover, the STRC stock price closed at $100.01 just slightly higher than the $100 par value. Meanwhile, the trading volume, both during the day and extended hours, posted $370.42 million.

Recently, Strategy bought $43 million in BTC on Monday, May 11. Hence, with the strong inflows into STRC, the company could ramp up its Bitcoin buying spree.

Michael Saylor Optimistic On The CLARITY Act

The STRC’s strong performance follows Strategy Chairman Michael Saylor’s public support for the CLARITY Act, similar to Cardano’s Charles Hoskinson. He linked the bill with the growth of digital capital markets associated with the Bitcoin and tokenized financial products.

In his post on X, Saylor remarked “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 — institutional validation for $BTC, a framework for $STRC-powered digital yield markets, and broader adoption of $MSTR.”

He added, “The key language: the bill recognizes activity-based rewards tied to payment stablecoins and distributed ledger participation as ‘critical to enabling innovation, competition, and consumer adoption.’ That is the path to responsible digital yield markets.”

Additionally, Saylor also promoted the current shareholder vote on STRC’s dividend structure that Strategy recently proposed. He reposted the company’s message and wrote: “Help us make $STRC even better.”

Under Strategy’s plan, STRC would double dividend payments with semi-monthly payments on the 15th and month-end. The firm said the design is “expected to lead to smaller ex-date price moves, tighter trading near par, and more reinvestment windows.”

In addition, the economics to the shareholders would be unaffected. Nonetheless, Strategy noted that if passed, the proposal would “stabilize price, dampen cyclicality, drive liquidity, grow demand.”