Investors on High Alert as Research Unveils Potential Bitcoin Cycle Repeating This Week

Cryptocurrency research firm K33 Research suggested that the STRC product issued by Strategy could play a significant role in Bitcoin’s mid-month price surge.

According to the company’s report, Bitcoin recorded strong gains in the middle weeks of both March and April, and K33 Research Head Vetle Lunde believes this trend could continue this week. The report stated that the STRC dividend mechanism had an impact on the market. STRC dividends are paid on the last day of each month, and investors need to purchase shares before the dividend payout date of the 15th of the month to be eligible. This situation, it was noted, brought the STRC price closer to its nominal value of $100, increased trading volume, and allowed Strategy to raise more funds by issuing new STRC through the market. These funds were then used to purchase Bitcoin.

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Lunde stated that Friday, May 15th, is the new dividend exit date and that the first signals of a similar move were seen on Monday. It was reported that the STRC price rose again to the $100 level and trading volume reached its highest level since April 15th. According to K33, STRC has become one of Strategy’s most important tools for Bitcoin purchases this year. Bitcoin purchases made through STRC increased from 4,467 $BTC in January to 22,131 $BTC in March, and then to 46,872 $BTC in April. The company’s total Bitcoin holdings have reached 818,869 $BTC, which is estimated to be worth approximately $65.7 billion. Furthermore, the fact that STRC offers an annualized return of 11.5% has supported investor demand.

*This is not investment advice.