or
Strategy Buys 34,164 BTC for $2.54B: Total Holdings Hit 815,061
Bitcoin

Strategy Buys 34,164 BTC for $2.54B: Total Holdings Hit 815,061

April 20, 20262 min read

Strategy, the largest public Bitcoin holder in the world, announced it bought 34,164 BTC for $2.54 billion between April 13 and 19. The purchase was disclosed in an 8-K filing with the SEC on Monday, April 21. Total holdings now stand at 815,061 Bitcoin, acquired for $61.56 billion.

Key fact: This ranks as Strategy's third-largest Bitcoin purchase ever by coin count. The company only exceeded this twice - buying 55,500 BTC and 51,780 BTC in November 2024.

New batch bought below average cost

The average price for this purchase was $74,395 per coin. The average cost for the entire portfolio sits at $75,527. The new batch came in slightly below the overall cost basis. The company avoided overpaying even during one of its biggest single purchases.

STRC covered 85.7% of the deal

Strategy raised $2.18 billion, or 85.7% of the total, through STRC - its perpetual preferred stock. The remaining $366 million came from selling Class A common stock (MSTR).

April set several STRC records. On April 13, the company sold 11.9 million shares through its at-the-market program, generating over $1 billion in trading volume in a single day - a company record. The next day brought 14.4 million shares and an estimated 9,364 BTC. Those two days combined delivered roughly 17,204 BTC - a 518% jump versus the prior four-week average.

Strategy: current Bitcoin portfolio
Total BTC815,061
Total acquisition cost$61.56B
Average portfolio price$75,527
Latest batch34,164 BTC / $2.54B
Latest batch price$74,395 / BTC

Saylor signaled the buy one day early

Michael Saylor posted a hint on social media on April 20, one day before the official announcement. He has done the same before previous purchases. The market reacted more calmly than it would have a year ago - this kind of news is largely priced in by now.

Semi-monthly STRC dividends coming

Alongside the purchase, Strategy revealed plans to pay STRC dividends twice per month. CEO Phong Le called it unique: no other perpetual preferred security in the world pays at that frequency. The move is designed to pull more capital through STRC, which in turn funds Bitcoin purchases without as much dilution of common shareholders.

Strategy holds over 3.8% of all Bitcoin

815,061 BTC equals roughly 3.88% of Bitcoin's total supply cap of 21 million coins. Factor in permanently lost coins, and the effective share is higher. For users looking to buy Bitcoin with hryvnia, this scale of institutional accumulation reflects how strong long-term demand for the asset has become.

Strategy remains far ahead of every other public company in terms of Bitcoin holdings. Second place goes to Bitmine with nearly 4.97 million ETH, but that translates to far less in BTC terms. The STRC-driven accumulation model makes clear the company is nowhere near done buying.

Comments

Your email address will not be published. Required fields are marked *

or verify by email