Michael Saylor's Strategy Buys 34K BTC, Total Holdings Exceed 815K

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Michael Saylor’s Strategy executed a $2.54 billion Bitcoin buy on April 20, 2026, bringing its holdings to 815,061 BTC. The company snapped up 34,164 BTC between April 13 and 19 at $74,395 per coin, pushing its position past BlackRock. Strategy now owns over 3.8% of Bitcoin’s 21 million supply, with an average cost of $75,527 per coin. The purchase was funded via equity programs like STRC, and the firm plans to shift dividend payments to bi-monthly. A shareholder vote on the move is set for June 8. Traders are watching this as a potential shift in support and resistance levels, especially with a strong risk-to-reward ratio in play.
  • Strategy now holds 815,061 BTC worth $61.56B, with an average cost of $75,527, marking its breakeven level.
  • The latest buy exceeds prior weekly additions and lifts its share to over 3.8% of Bitcoin’s fixed supply.
  • Funding comes through equity programs like STRC, while critics question sustainability despite continued accumulation.

Michael Saylor’s Strategy disclosed a $2.54 billion Bitcoin purchase on April 20, 2026, pushing total holdings above 815,000 BTC, according to an SEC filing. The company bought 34,164 BTC between April 13 and April 19 at $74,395 per coin. This move lifts its treasury above BlackRock’s Bitcoin position.

Holdings Expand Beyond 800K BTC Level

Following the purchase, Strategy now holds 815,061 BTC acquired for about $61.56 billion. The average acquisition price stands at $75,527 per Bitcoin. This level also represents the firm’s breakeven point based on disclosed figures.

Notably, the latest addition surpasses the previous weekly purchase of 13,927 BTC. It also raises Strategy’s share to over 3.8% of Bitcoin’s fixed supply. According to available data, BlackRock holds 802,823 BTC through its iShares Bitcoin Trust.

Funding Strategy Supports Continued Accumulation

To finance the acquisition, Strategy used at-the-market equity sales. These included its Class A stock and several preferred stock programs. The company operates multiple offerings, including STRK, STRC, STRF, and STRD, each with separate capital limits.

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These programs align with Strategy’s “42/42” plan targeting $84 billion in funding through 2027. Recently, the firm raised $1.76 billion through STRC, which may have supported the latest purchase. STRC currently carries an annualized dividend rate of 11.5%.

Additionally, Strategy proposed adjusting STRC dividend payments from monthly to twice monthly. Shareholders will vote on the proposal on June 8, with potential changes taking effect later.

Market Reaction

Despite the acquisition, MSTR stock surged 1.90% to $163.35 in pre-market trading. However, the company reported a 9.5% Bitcoin yield year-to-date in 2026. This metric shows changes in Bitcoin holdings relative to shares outstanding.Meanwhile, Peter Schiff criticized the strategy, calling the pace of accumulation unsustainable. He questioned how Bitcoin prices would behave without continued large-scale purchases. Strategy remains the largest public corporate Bitcoin holder, ahead of firms including MARA, Riot Platforms, and Coinbase.

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