TL;DR
- Record Weekly Accumulation: Strategy pushed its total holdings to 815,061 BTC after purchasing 34,164 BTC for $2.54 billion, marking its third‑largest acquisition by coin count.
- STRC‑Driven Funding: Strategy relied heavily on STRC to finance the purchase, with 85.7% of proceeds coming from the preferred security, while CEO Phong Le emphasized the appeal of semi‑monthly dividends.
- ATM Program Surge: Strategy’s STRC activity generated an estimated 17,204 BTC over two days, a 518% spike versus the four‑week average, setting multiple new records.
Strategy has crossed a new milestone in its aggressive Bitcoin accumulation, surpassing 800,000 BTC after its latest weekly purchase. The company confirmed acquiring 34,164 BTC for $2.54 billion between April 13 and 19, marking one of its largest buying weeks to date. Strategy now holds 815,061 BTC, continuing a rapid expansion that has defined its treasury approach throughout recent months.
Strategy’s Third‑Largest Weekly Bitcoin Purchase
According to the company’s 8-K filing, the 34,164 BTC haul ranks as Strategy’s third‑largest acquisition by coin count, trailing only its November 2024 buys of 55,500 BTC and 51,780 BTC. The new purchase follows a $1 billion buy just a week earlier, lifting the company from roughly 780,897 BTC to its current 815,061 BTC position. The latest coins were secured at an average price of $74,395, slightly below the firm’s overall average of $75,527, reinforcing the company’s pattern of scaling aggressively during market strength.
Strategy Leans on STRC to Fund the Expansion
A significant portion of the company’s newest purchase was financed through its perpetual preferred security, Stretch (STRC). The filing shows STRC generated $2.18 billion, or about 85.7% of total proceeds, while sales of Class A common stock (MSTR) added $366 million. CEO Phong Le highlighted the appeal of STRC’s structure, noting the company’s plan to pay dividends twice monthly, which he described as unique and attractive within the preferred securities market.
Strategy’s STRC Program Sets Multiple Records
Last week also delivered several new records for STRC activity. On April 13, STRC set an estimated daily record of 7,741 BTC tied to 11.9 million shares sold through its at‑the‑market program, generating more than $1 billion in trading volume. The following day surpassed even that figure, with an estimated 9,364 BTC linked to 14.4 million shares sold. Across April 13 and 14, the firm accumulated an estimated 17,204 BTC through STRC‑related activity. This represented a 518% surge versus the four‑week average, underscoring the scale and momentum behind the company’s ongoing Bitcoin strategy.
