Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Strategy's flagship perpetual preferred stock, STRC, attracted a record $1.5 billion in trading volume, the US Senate Banking Committee advances the CLARITY Act, while the Bank of England weighs easing UK stablecoin caps and reserve demands after industry backlash.
Strategy’s perpetual preferred stock, STRC, the company’s primary way of funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday as Bitcoin hovered around $80,000.
The stock, called Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, or Stretch, offers investors an 11.5% dividend without requiring the company to dilute common shares.
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