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MicroStrategy company's stock price rises, STRC attracts $183 million in DeFi capital
CoinWorld News, MicroStrategy Inc. (Nasdaq: MSTR) stock price began to rise in early May, closing at $177.17, up $11.72 in a single day, a 7.08% increase. As new funds continuously flow into the DeFi ecosystem related to STRC, investors are showing increasing interest in the company’s on-chain credit products and its Bitcoin accumulation strategy. Since its founding, approximately $183 million in DeFi capital has flowed into the ecosystem, with APYX being the largest contributor, reporting a week-over-week reserve growth of 32%, reaching $259 million. Meanwhile, Saturn Credit also added $15 million in STRC support, bringing its total support for Susdat stable assets to $53 million. MicroStrategy recently also purchased Bitcoin at the end of April for $255 million.