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Home»Cryptocurrency & Free Speech Finance»Strategy Adds 13,927 Bitcoin, Boosts Holdings to 780,897
Cryptocurrency & Free Speech Finance

Strategy Adds 13,927 Bitcoin, Boosts Holdings to 780,897

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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin (BTC), added a large haul of Bitcoin to its stash last week, edging toward 800,000 BTC in total holdings.

Strategy acquired 13,927 Bitcoin for $1 billion between April 6 and 12, according to an 8-K filing with the US Securities and Exchange Commission on Monday.

The purchases were made at an average price of $71,902 per coin, marking another purchase below the company’s average acquisition price of $75,577.

Strategy now holds 780,897 BTC on its balance sheet, acquired for a total cost of $59.02 billion. The company has 19,103 BTC left to reach 800,000 BTC after buying more than 107,000 BTC so far this year.

Source: SEC

Purchases funded with Strategy’s STRC ATM

According to the filing, the $1 billion in purchases were funded via proceeds from Strategy’s perpetual preferred equity, Stretch (STRC).

The company sold 10 million STRC shares last week, generating around $1 billion in notional value and net proceeds. No shares were sold for STRF, STRK, STRD or MSTR stock during the period.

Source: SEC

According to STRC.live, STRC recorded its second-largest weekly issuance on record last week, nearly three times the four-week average. The equity has seen record share sales in recent weeks after Strategy amended its sales rules in early March.

Saylor teased the latest purchase in an X post on Sunday, sharing a chart of Strategy’s Bitcoin purchase history showing 105 acquisitions since 2020, a pattern often seen ahead of new BTC buys.

Source: Michael Saylor

Strategy’s aggressive Bitcoin buying comes despite the company sitting on significant unrealized losses on its holdings. Last week, Strategy reported its unrealized losses on digital assets amounted to $14.46 billion in the first quarter of 2026.

Apart from Strategy, Bitcoin exchange-traded funds (ETFs) have also seen significant buying last week, with spot Bitcoin ETFs seeing inflows of $786 million over the period.

Related: Institutions are in a crypto bull market as retail sits out: Exodus CEO

Crypto markets rallied early last week following a US-Iran ceasefire announcement, with Bitcoin reclaiming $70,000 and briefly surging past $73,000, according to CoinGecko.

Nomura’s Laser Digital told Cointelegraph that Strategy’s buying was among the key signals supporting the move, alongside strong inflows into Bitcoin ETFs. The firm added that US equities also returned to pre-conflict levels, reinforcing broader market momentum.

“However, the weekend talks didn’t go well — no agreement was made and the latest announcement of a naval blockade from April 13 triggered a sharp pullback towards $71,000,” Laser Digital said, adding that the company expects this erratic price movement to continue until the last minute of the ceasefire deadline.

Magazine: Your guide to surviving this mini-crypto winter