BlockBeats News, May 13th - Research firm K33 Research released a report pointing out that the recent strong performance of Bitcoin in the middle of the month may be attributed to the issuance of STRC by Strategy. In March and April, Bitcoin saw significant gains in the middle of the month for a week straight. K33 Research Director Vetle Lunde believes this pattern may continue this week.

STRC pays dividends on the last day of each month, with the ex-dividend date set on the 15th of each month. Investors looking to receive dividends often buy STRC before the ex-dividend date to drive the trading price close to the $100 face value, leading to an increase in trading volume. This allows Strategy to issue more STRC shares through its corresponding market sell-off plan to raise funds for Bitcoin purchases. Lunde pointed out that this Friday (May 15th) is a new ex-dividend date, and early signs of the pattern repeating have already emerged on Monday, with STRC rising to $100 and trading volume reaching its highest level since April 15th.

STRC has been a key driver of Strategy's Bitcoin acquisitions this year, with the amount of BTC acquired through this instrument increasing from 4,467 coins in January to 22,131 coins in March, further rising to 46,872 coins in April. Strategy currently holds a total of 818,869 BTC (approximately $65.7 billion). STRC currently offers a 11.5% annualized yield, supporting investor demand.

However, Lunde also cautioned that the rate at which STRC returned to face value this month has slowed down, with Strategy adding only 1 BTC through this instrument, indicating that demand may be approaching a plateau. But he added that the week is still young, with Monday already showing promising spikes in STRC trading volume, and next Monday is expected to see Strategy announce another large-scale BTC purchase.