Strategy Estimated to Buy 617 BTC via STRC, Beating Daily Supply

Michael Saylor’s Strategy is being described as having bought 617 BTC via STRC on April 2, but that figure is still an estimate from unconfirmed reports rather than a company filing. What Strategy has officially shown is that STRC can fund bitcoin accumulation, while the specific same-day claim remains outside the SEC record.

What the estimate actually confirms

Benzinga reported that the live figure was a tracker-based inference from trading activity, not an official same-day Strategy disclosure, so the headline claim should be read as an estimate rather than a confirmed treasury update.

What Strategy’s filings prove about STRC

In Strategy’s March 16, 2026 8-K, the company said it sold 11,818,467 STRC shares for about $1.1804 billion in net proceeds during March 9 to March 15 and acquired 22,337 BTC for about $1.57 billion at an average price of $70,194, adding that the bitcoin purchases were made with ATM share-sale proceeds.

22,337 BTC

The same March 16 filing said Strategy held 761,068 BTC as of March 15, while a separate March 23, 2026 8-K said the company sold zero STRC shares during March 16 to March 22, acquired 1,031 BTC, and lifted total holdings to 762,099 BTC as of March 22.

A second March 23, 2026 8-K announced a new $21 billion STRC at-the-market program, which is the clearest official evidence in the brief that STRC remains a financing route for future bitcoin purchases even when live estimates are not yet confirmed.

Why the daily supply comparison exists

Coinbase’s halving explainer says the current 3.125 BTC block reward and roughly 10-minute block cadence imply about 450 BTC of new daily supply. Using the tracker-based 617 BTC estimate against that issuance benchmark means the reported buy would be larger than a full day of newly mined bitcoin if it is later confirmed.

The filing record therefore supports a narrower conclusion: Strategy has already shown in its March 16 disclosure that ATM proceeds can fund bitcoin purchases, but the April 2 claim remains a live estimate rather than an SEC-confirmed buy, as Benzinga’s tracker-based framing makes clear. That filing-first approach is the same reporting discipline behind defiliban’s review of what the verified filings showed in the Illinois case.

Disclaimer: This content is for informational purposes only and is based on Strategy’s March 16 filing, its March 23 bitcoin holdings update, and its March 23 STRC ATM filing; it is not investment advice.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.