The shares had been on a big run higher, rising more than 50% since late March.

Firms and protocols are accumulating Strategy’s preferred stock to capture yield and bitcoin-linked exposure.

Slower post-halving gains reflect bitcoin’s shift toward a more mature asset.

Estimated bitcoin purchase from STRC of around 7,800 BTC could mark the largest single-day addition since the preferred stock's debut.

Last week's purchases were completely funded by sales of Stretch, the companies perpetual preferred stock.

Increased preferred-equity issuance and surging STRC trading volumes are reshaping how Strategy's common stock trades.

On-chain data points to easing selling pressure, with realized losses falling and spot markets shifting toward net buying.

Headline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war.

The stock has plunged roughly 99% from its May 2025 peak as pressure builds on the bitcoin treasury firm.

The company's Nasdaq debut was a turning point toward infrastructure-led growth in the digital economy, said Novogratz.