Strategy (formerly MicroStrategy) records show a STRC equity issuance on Monday, with the firm purchasing an estimated 1,420 Bitcoin.

Strategy (formerly MicroStrategy) has updated its Omnibus Sales Agreement to allow multiple agents to sell the same security outside regular trading hours, expanding the firm’s flexibility in executing equity sales.

The company — the largest publicly traded holder of Bitcoin — sold a record amount of its perpetual preferred equity, Stretch (STRC), on Monday. Proceeds from the sale were used to acquire an estimated 1,420 BTC, according to data compiled by STRC.live.

STRC, which launched in July 2025, is a key component of Strategy’s bitcoin accumulation strategy. Trading activity surged during Monday’s session, with total volume approaching $300 million — significantly higher than the 30-day average of roughly $124 million, according to the company’s dashboard.

The bitcoin purchase estimate is derived from a methodology that tracks at-the-market (ATM) equity sales. The model assumes that about 40% of trading volume above $100 per share represents ATM issuance, with a 2.5% broker commission deducted before estimating the amount of bitcoin purchased.

The latest accumulation follows a much larger buy last week, when Strategy acquired roughly $1.3 billion worth of bitcoin, adding nearly 18,000 BTC to its holdings.

Strategy has described STRC as a short-duration, high-yield savings-style instrument designed to attract investors seeking steady income. The company recently increased the dividend rate on STRC to 11.5%, with shareholders receiving monthly cash payouts. The dividend rate is adjusted each month to help keep the shares trading close to their $100 par value while reducing price volatility.

In an 8-K filing on Monday, Strategy said it amended its Omnibus Sales Agreement to allow multiple sales agents to handle the same class of securities during a single trading day in pre-market or after-hours sessions. The change allows additional agents to execute early or late trades, while block transactions after 4 p.m. ET remain permitted.

Shares of Strategy (formerly MicroStrategy) were up about 3% in pre-market trading, changing hands near $143.