Analysis: STRC set a record of $745 million in daily trading volume this week, which corresponds to the purchasing power of approximately 5,000 bitcoins

According to crypto analyst Ragnar's post on the X platform, Strategy perpetual preferred stock STRC set a record of $745 million in single-day trading volume this week. If estimated at about a 48% liquidity rate (including off-market trading hours), the STRC income-generating tool alone could correspond to a potential purchasing scale of about 5,000 bitcoins on that day. Further calculations indicate that the related funds for STRC this week may correspond to about 13,000 bitcoins.

If we also consider the financing ratio of STRC to Strategy common stock at about 1:2, the potential corresponding bitcoin purchasing scale this week could reach about 39,000 bitcoins. This scale is equivalent to a one-time increase in the level of a large bitcoin holding company. However, analysts remind that the above data is based on market estimates, and the actual purchasing scale still needs to be confirmed by company disclosures. Additionally, some analysts point out that the current structure of the crypto market has not fully shifted to a bull market, with the 50-day correlation between bitcoin and the Nasdaq 100 index still as high as 84%, meaning that if the stock market experiences a pullback, bitcoin may also face pressure.