Bitcoin Bulls Pin Hopes on MicroStrategy’s STRC and Senate Clarity Act Vote
Bitcoin bulls are watching MicroStrategy’s STRC ex-dividend date and the Senate’s CLARITY Act markup this week. K33 Research mentioned each occasions might shift defensive positioning that has saved funding charges damaging for 74 days.
MicroStrategy makes use of STRC, a perpetual most well-liked inventory, to fund recurring mid-month bitcoin purchases. The instrument has pushed the agency’s largest bitcoin acquisitions of 2026, K33 mentioned.
STRC Drives Recurring Mid-Month Bitcoin Bids
MicroStrategy points STRC shares by way of its at-the-market program each time the inventory trades at or above its $100 par. The agency then deploys proceeds into Bitcoin purchases.
K33 said the instrument funded 22,131 BTC in March and 46,872 BTC in April. The cadence sometimes thickens forward of the fifteenth of every month, when share possession is fastened for month-to-month dividend eligibility.
STRC traded simply above par on Wednesday, May 13. This week, volumes spiked to their highest degree since April 15, suggesting one other sizable buy could possibly be disclosed subsequent week. MicroStrategy’s whole holdings sit at 818,869 BTC.
Funding Streak Meets a Possible Senate Catalyst
The 30-day funding price has been damaging for 74 consecutive periods, K33 mentioned. Any latest normalization mirrored skinny volumes moderately than contemporary bullish positioning. Open curiosity has stayed flat, and Bitcoin has but to reclaim its 200-day transferring common.
Lawmakers are scheduled to mark up the CLARITY Act on May 14. K33 described the most recent draft as broadly constructive for crypto, regardless of open debates round ethics provisions, DeFi protections, and stablecoin guidelines.
Defensive perpetual positioning might amplify any upside by way of short-covering flows.
The invoice’s consequence additionally carries weight past merchants. Renna Ba, Head of Ecosystem at Morph, informed BeInCrypto a CLARITY Act failure would gradual institutional integration of stablecoin cost rails.
Without the CLARITY Act, banks, card networks, and cost processors face unresolved questions on how stablecoin devices are labeled, which regulator they reply to, and what compliance obligations apply.
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