Strategy Resumes Bitcoin Purchases With $330M Buy, Holdings Near 767,000 BTC

Apr 6, 2026

Michael Saylor's Strategy resumed its Bitcoin accumulation strategy by purchasing 4,871 BTC for $329.9 million at $67,700 per coin, bringing total holdings to nearly 767,000 Bitcoin valued at approximately $53.3 billion. The purchase, funded primarily through $227 million in variable-rate preferred share STRC issuance, ended a one-week pause that had snapped a 13-week streak of accumulation totaling 90,831 BTC. Despite the company's aggressive buying, Strategy reported $14.46 billion in unrealized losses for Q1 2026, with holdings currently $4.9 billion underwater and shares down 65% over six months to around $199. Market observers remain confident in the strategy, with prediction market traders assigning only a 13% probability that the Tysons Corner, Virginia-based company will sell its Bitcoin holdings in 2026.

Strategy's Latest Bitcoin Purchase and Treasury Holdings

▪Strategy acquired Bitcoin at $67,700 per coin in its latest purchase.
▪Strategy's Bitcoin holdings are valued at around $53.3 billion.
▪Strategy has paid an average of $75,600 per Bitcoin since the company began purchasing Bitcoin in 2020.

Funding Sources and STRC Preferred Share Issuance

▪Strategy raised more than $1.5 billion via STRC during the previous month.
▪STRC traded above the $100 par value threshold for four straight trading days last week.
▪Strategy issues more STRC to keep the product's price in line when STRC trades above a par value of $100.
▪Strategy issued $227 million worth of STRC preferred shares last week.

Financial Performance and Market Valuation Decline

▪The value of Strategy's Bitcoin holdings fell by $14.46 billion in the first quarter of 2026.
▪Strategy's Bitcoin holdings were $4.9 billion underwater on Monday.
▪Strategy shares have fallen 65% over the past six months from $359.
▪Strategy shares were set to fall 2.4% to around $199 prior to Monday's opening bell.
▪Strategy's first quarter 2026 Bitcoin holdings decline of $14.46 billion does not include the company's operating costs.
▪The probability that Strategy would sell Bitcoin in 2026 decreased from 17% a month ago to 13%.
▪Traders on Myriad prediction market assigned a 13% chance that Strategy sells Bitcoin in 2026.
▪Strategy's first quarter 2026 Bitcoin holdings loss of $14.46 billion outweighed Strategy's $12.4 billion loss in the fourth quarter of 2025.

Perspective of Strategy investors and shareholders

▪Strategy shareholders have experienced a 65% decline in share value over six months from $359 to approximately $199.

Perspective of Bitcoin market observers and traders

▪Strategy acquired Bitcoin at $67,700 per coin, below its average purchase price of $75,600, representing a lower-cost accumulation opportunity.
▪Traders on Myriad prediction market assign only a 13% probability that Strategy will sell Bitcoin in 2026.
▪The probability of Strategy selling Bitcoin in 2026 decreased from 17% a month ago to 13%, suggesting growing confidence in the company's hold strategy.