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Michael Saylor’s Strategy adds 3.2K Bitcoin at nearly $78K per BTC

Validated Media

Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more Bitcoin last week as BTC traded above $77,000.

Strategy acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on Monday.

Source: SEC


The purchases were made at an average price of $77,906 per coin, raising Strategy’s cost basis to $75,537.

The company now holds 818,334 BTC, acquired for about $61.8 billion. At the time of publication, the holdings were valued at roughly $63.6 billion, according to CoinGecko.

No STRC buying last week

Unlike Strategy’s 34,164 Bitcoin purchase announced the previous week — its third-largest on record — the latest acquisition did not rely on STRC, the company’s perpetual preferred security.

According to the SEC filing, the purchase was funded entirely through Strategy’s Class A common stock (MSTR), which sold 1.45 million shares and raised $255 million.

Source: SEC


The absence of STRC activity was previously noted by tracker STRC Live, which indicated no Bitcoin purchases tied to the security during the week.

Strategy co-founder Saylor previously signaled that the company would be boosting its holdings on Sunday, sharing a chart of Strategy’s Bitcoin purchase history with 107 BTC total purchase events since 2020.

Holding 818,334 BTC, Strategy has surpassed BlackRock, which holds about 812,300 BTC on behalf of its clients. However, it still trails the combined holdings of crypto fund issuers, which total roughly 1.32 million BTC, according to Wallet Pilot data.

  Source: netrunner


According to Bitcoin advocate and Strategy investor Adam Livingston, Strategy is on track to accumulate a total of 1.2 million BTC by the end of 2026, positioning the company to acquire 381,666 more BTC.

So far this year, Strategy has acquired 144,551 BTC, equaling around 36,137 BTC acquired per month.

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