Strategy Bitcoin holdings just increased by another 3,273 BTC. The company acquired the coins between April 20 and 26 for $255 million. That’s an average price of $77,906 per Bitcoin. The purchase raises Strategy’s overall cost basis to $75,537.
Now, Strategy holds a staggering 818,334 BTC, acquired for about $61.8 billion. At current prices, that stash is worth roughly $63.6 billion. So, the company is finally back in the green on paper.
Why Strategy Bitcoin Holdings Grew Without STRC This Week
Here’s a notable shift. Unlike last week’s monster 34,164 BTC purchase (the third-largest ever), this latest acquisition didn’t rely on STRC – Strategy’s perpetual preferred security. Instead, the filing shows the purchase was funded entirely through Class A common stock (MSTR). The company sold 1.45 million MSTR shares, raising the full $255 million.
STRC Live had already flagged that no Bitcoin purchases were tied to STRC during the week. So, Saylor switched funding sources but never stopped buying.
As usual, he teased the move on Sunday, sharing the famous orange‑dots chart – now showing 107 purchase events since 2020.
Passing BlackRock, Chasing the Giants
With 818,334 BTC, Strategy has now surpassed BlackRock’s IBIT, which holds about 812,300 BTC on behalf of clients. However, it still trails the combined holdings of all crypto fund issuers (roughly 1.32 million BTC). According to Strategy investor Adam Livingston, the company is on track to accumulate 1.2 million BTC by the end of 2026 – meaning 381,666 more BTC to go.
So far this year, Strategy has acquired 144,551 BTC, averaging about 36,137 BTC per month.
My Thoughts
Saylor proved he doesn’t need STRC to keep buying. Selling MSTR stock directly still works – though it increases share count. The fact that Strategy is now profitable on its entire holdings (average cost $75,537 vs spot ~$77,700) is a psychological boost. Crossing 818K BTC and surpassing BlackRock is a nice headline. But the real story is the pace: 36,000 BTC per month. At that rate, 1.2 million BTC is achievable by year‑end. That would absorb a huge chunk of the annual mining supply. For Bitcoin bulls, Strategy remains the ultimate bid wall.
