MicroStrategy’s preferred stock, STRC, is accelerating its Bitcoin acquisition pace. The company purchased 22,337 BTC last week, funded partly by $1.18 billion raised from STRC sales, outpacing new mining supply by roughly seven times. Analysts question whether this corporate buying could create a more powerful supply shock than Bitcoin’s traditional four-year halving cycle, potentially driving the next market phase.
MicroStrategy is using its preferred stock, STRC, to buy Bitcoin at an accelerating pace. The company raised $1.18 billion via STRC shares to fund Bitcoin purchases last week. This corporate accumulation may drive Bitcoin’s next cycle more than the halving calendar.
In the week ending March 15, MicroStrategy bought 22,337 BTC. That is equivalent to roughly seven weeks of global Bitcoin mining output at 450 BTC per day. The week before, the company bought another 17,994 BTC for $1.28 billion.
During peak sessions, STRC-related activity alone was estimated to support purchases of more than 4,000 BTC in a single day. Broader post-halving data shows corporate treasuries, led by MicroStrategy’s STRC, absorbing Bitcoin at around 2.8 times the rate of new mining supply over many weeks.
Bitcoin’s traditional four-year cycle assumes halvings are the market’s main supply shock. Analyst Benjamin Cowen said 2026 could be shaping up as a “bear-market year” if the four-year pattern holds.
But MicroStrategy’s STRC-funded buying may be changing that pattern. Trader Grain of Salt stated that if one company can keep buying more Bitcoin than miners create, the halvings “no longer matter” as the market’s main supply shock.
STRC added a new layer of demand as Bitcoin retests its six-year ascending trendline support on the monthly chart. Analyst Vivek Sen argued that Bitcoin may be setting up for another major rebound from this zone.
Trader Rob Grittins added that a “meaningfully different demand structure” for Bitcoin, led by MicroStrategy’s STRC share sales, may trigger a new bull market. The last rebound from the same trendline preceded a roughly 450% rally in BTC price.
MicroStrategy’s Bitcoin holdings are up 13.2% quarter-to-date in Q1 2026. That is despite a prevailing bearish sentiment in the risk-on markets, led by an escalating US–Iran war.
