Wu said that Strive announced it has allocated $50 million to Strategy's floating rate Series A perpetual convertible preferred stock (STRC), accounting for more than one-third of its company's treasury total. Strategy disclosed that the recent daily trading volume of STRC reached $409 million, setting a new record; it has previously been adopted by institutions such as Anchorage Digital, Prevalon Energy, and OranjeBTC. As of March 9, Strive held approximately 13,311 Bitcoin, with assets under management exceeding $2.5 billion.