EXCLUSIVE: STRC ATM Hits $3.3B Monthly Record as Bitcoin Treasuries Buying Hits 1-Year High

The April Corporate Bitcoin Adoption Report is now available.

April was one of the biggest Bitcoin buying months since mid-2025. Public treasuries added 57,791 BTC net across the month, and just one month into Q2, that figure already matches the full net buying totals from each of the two preceding quarters.

Strategy drove most of that volume, acquiring 56,235 BTC funded by record ATM proceeds from STRC and MSTR. The capital machinery behind corporate Bitcoin accumulation is running at a level the sector has not seen in some time.

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Some key insights:

1. April buying already matches recent full quarters

Public treasuries added 64,722 BTC gross in April, or 57,791 BTC net of sales. Total public treasury sales came in under 7,000 BTC for the month, one-third of what March produced. Companies outside Strategy added roughly 8,480 BTC and sold 6,930 BTC, for a net change of about 1,550 BTC.

2. STRC broke billion-dollar ATM and trading records

STRC generated $3.3 billion in ATM proceeds in April, representing 80% of Strategy's $4.1 billion total raised between April 1 and May 3. The week of April 13-19 alone produced $2.2 billion. Trading volumes hit new highs: $1.58 billion daily and $7.8 billion for the month. STRC's share of Strategy's total ATM fundraising has grown consistently in recent weeks.

3. ETFs now hold 300,000 BTC more than public treasuries

Bitcoin ETFs hold or provide exposure to at least 1.5 million BTC, roughly 300,000 BTC more than all public treasuries combined. Strategy maintained a narrow lead over BlackRock's IBIT as of May 5. We see growth across both categories as a sign of deepening institutional demand, not a zero-sum competition.

Read the full report

The complete April 2026 Corporate Adoption Report includes digital credit data for STRC and Strive's SATA, the full altcoin treasury breakdown, and our methodology update. Download it at the link below.

Access the full report

Onward, 

The BitcoinTreasuries.net Team

This email is for informational purposes only and does not constitute investment advice or an offer to buy or sell any security or financial product. Not available in all restricted territories. Readers should conduct their own due diligence and consult a qualified professional before making any financial decisions.

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