Strategy boosts Bitcoin holdings to 780,897 BTC after STRC trading surge

STRC hit $1.1 billion in daily trading volume on April 13, a record discussed at the Bitcoin Treasuries Roundtable that enabled a large BTC purchase by Strategy. Bitcoin above $68,000 on April 16 sits at 99.9% YES.

Market reaction

Michael Saylor’s Strategy used STRC’s performance to fund the acquisition, pushing its holdings to 780,897 BTC. That volume and the size of the purchase have reinforced trader confidence in the April 16 market, which holds at 99.9%. The Bitcoin market saw $1,249,723 in combined 24-hour USDC volume with deep order books. The largest single move was negligible, consistent with stable trading rather than speculative activity.

Why it matters

Lightning Network yield opportunities were another focus of the roundtable. LQWD is offering a 24% annualized yield on roughly 20 BTC through non-custodial routing fees, a structure that resembles staking dynamics. If more BTC gets locked into Lightning routing, that reduces circulating supply, which could support price. Still, these Bitcoin-specific developments haven’t spilled over into altcoins: XRP above $1.80 on April 19 is at just 0.3% YES.

What to watch

At current odds, buying YES at 99¢ offers almost no return, which reflects near-total confidence Bitcoin holds this level. A meaningful shift in odds would likely require a geopolitical or macroeconomic catalyst, such as large ETF inflows or a dovish Fed policy signal. Any new announcements from MicroStrategy about further purchases, or material Lightning Network adoption metrics, could also move Bitcoin’s price.

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