MicroStrategy Signals New Bitcoin Buy as STRC Trading Explodes
On March 15, Strategy (formerly MicroStrategy) Chairman Michael Saylor signaled that the Bitcoin-holding firm is preparing to expand its massive treasury. The announcement, delivered via social media platform X, featured the firm’s signature “SaylorTracker” chart with the directive to “Stretch the Orange Dots. ” Notably, this kind of phrase has become a reliable precursor to a multi-million-dollar BTC buy order over the past months. Strategy’s STRC Eclipses Blue-Chip Rivals as Most Liquid Preferred Stock The move comes as Strategy’s “Stretch” preferred stock (STRC) cements its position as a dominant force in the credit markets
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