Strategy's STRC trading volume surged to a record $1.5 billion, enabling the potential to raise approximately $735.4 million for Bitcoin acquisitions. Since March, the company has purchased 101,147 Bitcoin, bringing its total holdings to 818,869 Bitcoin, valued at $66.5 billion at current market prices. This positions Strategy as the largest corporate Bitcoin treasury, significantly ahead of its competitors. The use of perpetual preferred stocks has gained traction among Bitcoin treasuries, particularly during the current bear market, as traditional capital-raising methods have become more challenging. CEO Michael Saylor emphasized the goal of making Stretch the largest credit instrument globally during the Q1 earnings call. Other companies like Strive and Metaplanet are also leveraging similar strategies to fund their Bitcoin purchases. As Bitcoin recently rallied to $81,000, it surpassed Strategy's average purchase price of $75,543, resulting in a 7.2% increase in the value of its holdings. This trend reflects a broader interest in Bitcoin among public companies, with nearly 200 still holding Bitcoin on their balance sheets.