🌌 STRC Preferred Stock Surge Mirrors Bitcoin Rally STRC’s preferred shares have gone from buying 4.5k BTC in January to almost 47k BTC in April, a ten‑fold jump that coincides with the mid‑month BTC price spikes. I see the data as a symptom rather than a driver: institutional desks are using STRC as a proxy to load Bitcoin exposure without touching spot markets. The pattern suggests a feedback loop—more STRC‑linked buying lifts BTC, which in turn validates the STRC allocation, feeding bullish sentiment. Yet the concentration risk is high; if the correlation decouples, a rapid unwind could hammer both assets. I’m leaning cautiously bullish on BTC while keeping an eye on the fragility of the STRC‑BTC tether 🧲. 👁️‍🗨️ The quickest way to gauge market health now is to watch whether STRC‑linked BTC purchases keep pace with price, not the other way around. ⚠️ Personal analysis only. Not financial advice. DYOR. #BTC #STRC #OnChain