Bitcoin bulls are watching MicroStrategy’s STRC ex-dividend date and the Senate’s CLARITY Act markup this week. K33 Analysis mentioned each occasions might shift defensive positioning that has saved funding charges adverse for 74 days.
MicroStrategy makes use of STRC, a perpetual most popular inventory, to fund recurring mid-month bitcoin purchases. The instrument has pushed the agency’s largest bitcoin acquisitions of 2026, K33 mentioned.
STRC Drives Recurring Mid-Month Bitcoin Bids
MicroStrategy points STRC shares via its at-the-market program at any time when the inventory trades at or above its $100 par. The agency then deploys proceeds into Bitcoin purchases.
K33 mentioned the instrument funded 22,131 BTC in March and 46,872 BTC in April. The cadence usually thickens forward of the fifteenth of every month, when share possession is fastened for month-to-month dividend eligibility.
STRC traded simply above par on Wednesday, Might 13. This week, volumes spiked to their highest stage since April 15, suggesting one other sizable buy might be disclosed subsequent week. MicroStrategy’s whole holdings sit at 818,869 BTC.
Funding Streak Meets a Potential Senate Catalyst
The 30-day funding charge has been adverse for 74 consecutive classes, K33 mentioned. Any current normalization mirrored skinny volumes relatively than contemporary bullish positioning. Open curiosity has stayed flat, and Bitcoin has but to reclaim its 200-day shifting common.
Lawmakers are scheduled to mark up the CLARITY Act on Might 14. K33 described the newest draft as broadly constructive for crypto, regardless of open debates round ethics provisions, DeFi protections, and stablecoin guidelines.
Defensive perpetual positioning might amplify any upside via short-covering flows.
The invoice’s end result additionally carries weight past merchants. Renna Ba, Head of Ecosystem at Morph, advised BeInCrypto a CLARITY Act failure would gradual institutional integration of stablecoin fee rails.
With out the CLARITY Act, banks, card networks, and fee processors face unresolved questions on how stablecoin devices are labeled, which regulator they reply to, and what compliance obligations apply.
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