Strategy buys 34,164 Bitcoin for $2.54 billion between April 13 and 19. That’s the company’s third-largest BTC acquisition on record by coin count. Only two purchases top it: 55,500 BTC and 51,780 BTC – both from November 2024.
This latest haul pushes Strategy’s total holdings past the 800,000 BTC milestone. The company now holds 815,061 Bitcoin, purchased for a total cost of $61.56 billion. The average price for this buy was $74,395 per coin, slightly below their overall average of $75,527. So, another dip buy.
How Strategy Buys 34,164 Bitcoin Without Breaking a Sweat
Similar to recent weeks, the funding came mostly from Stretch (STRC), Strategy’s perpetual preferred security. According to the SEC filing, STRC generated $2.18 billion – roughly 85.7% of the total proceeds. The remaining $366 million came from sales of Class A common stock (MSTR).
Last week was historic for STRC. On April 13, the stock set a new estimated daily record: about 7,741 BTC tied to 11.9 million shares sold through the ATM program, generating over $1 billion in trading volume. The next day, another record: 9,364 BTC from 14.4 million shares. Combined, those two days brought an estimated 17,204 BTC – a 518% surge versus the four-week average.
Saylor Teased It Again
As usual, Michael Saylor teased the purchase on Sunday with his signature orange-dots chart. The company also announced plans to pay STRC dividends twice monthly. CEO Phong Le called it “unique and attractive” – the only preferred stock in the world paying semi-monthly dividends.
My Thoughts
Saylor is unstoppable. Three of the top five largest BTC purchases in Strategy’s history have now happened in 2026. The STRC funding machine is working flawlessly – preferred stock buyers get yield, Strategy gets Bitcoin, and MSTR holders see less dilution. Crossing 800,000 BTC is a psychological milestone. The next target? 1 million. At this pace, they could hit it by year-end. For the market, this buying pressure absorbs significant supply – especially with miners still selling. If peace holds and oil drops further, Bitcoin could break $80K. And Saylor will be there, buying more.
