Michael Saylor’s Strategy Tops 800,000 BTC After $2.54B Bitcoin Buy

Highlights:

• Michael Saylor’s Strategy now holds 815,061 BTC after a $2.54 billion purchase.
• STRC funded most of the latest buy, while MSTR added a smaller share.
• Strategy’s Bitcoin reserve now exceeds 3.8% of the asset’s fixed 21 million supply. 

Michael Saylor’s Strategy has pushed its Bitcoin treasury past another major milestone after a fresh multibillion-dollar purchase last week. The company bought 34,164 BTC between April 13 and April 19 for about $2.54 billion, paying an average price of $74,395. According to the 8-K filing, the latest purchase raised total holdings to 815,061 BTC, keeping Strategy far ahead of every public company in the same trade.

Michael Saylor’s Strategy Adds 34,164 BTC

The new purchase ranked among the company’s largest bitcoin acquisitions by coin count. Moreover, the purchase followed a smaller purchase of 13,927 BTC reported one week earlier. Michael Saylor had signaled a bigger move before the filing appeared. He posted his Bitcoin tracker on Sunday and added the line, “Think even bigger.”

After this latest deal, the company’s full Bitcoin position reached 815,061 BTC. Strategy noted it bought the entire stack for about $61.56 billion, including fees and expenses. Its average acquisition cost now stands at $75,527 per bitcoin. The firm has now exceeded 3.8% of Bitcoin’s fixed supply.

Strategy has acquired 34,164 BTC for ~$2.54 billion at ~$74,395 per bitcoin and has achieved BTC Yield of 9.5% YTD 2026. As of 4/19/2026, we hodl 815,061 $BTC acquired for ~$61.56 billion at ~$75,527 per bitcoin. $MSTR $STRC https://t.co/ifGXjMeIZH

— Michael Saylor (@saylor) April 20, 2026

Stock and Preferred Shares Funded the Latest Deal

Strategy used stock sales again to fund the latest purchase. The company sold Class A common stock under its MSTR program and brought in roughly $366 million. It also sold STRC preferred shares and raised about $2.18 billion. Together, those proceeds covered the full cost of the latest bitcoin addition.

The funding mix shows that STRC now carries more weight in Strategy’s capital plan. The preferred stock has played a larger role in several recent deals as the company keeps widening its financing channels. Strategy also still has a large issuance capacity left under both programs. This gives the firm room to keep raising money for more Bitcoin purchases.

Michael Saylor’s Strategy also continues to build around a broader capital plan that reaches beyond common stock. Its preferred offerings now include STRK, STRC, STRF, and STRD. Those programs sit beside the company’s “42/42” plan, which targets $84 billion through equity offerings and convertible notes by 2027. The latest purchase aligns with that long-term playbook.

STRC Now Plays a Bigger Role in the Plan

STRC has become especially important in the firm’s structure. The security offers a variable dividend and currently carries an annualized rate of 11.5%. Michael Saylor’s Strategy recently proposed paying those dividends twice each month instead of once. The management noted that the shift could improve liquidity, trading efficiency, and price stability for holders.

Strategy is proposing to pay semi-monthly dividends on $STRC, instead of monthly. No change to the annual dividend obligations or dividend rate. These proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand. pic.twitter.com/jHFRaDz6oP

— Michael Saylor (@saylor) April 17, 2026

Shareholders will vote on that proposal at the company’s annual meeting on June 8. If they approve the change, the new record date will fall on June 30. The first payment under the revised schedule would then arrive on July 15. This proposal adds another fresh detail to the company’s increasingly active funding model.

Meanwhile, Strategy’s stock has dropped following the announcement of the acquisition. MSTR is down by 2.40% to $162.51 in pre-market trading. In addition, Bitcoin is trading around $75,345, down by 0.90% over the last 24 hours.