Strategy Michael Saylor, the world’s largest public holder of Bitcoin (BTC), added a immense portion of Bitcoin to his stock last week, approaching 800,000 BTC.
Strategy acquired 13,927 Bitcoins for $1 billion between April 6 and April 12, According to in connection with the filing of an 8-K filing with the U.S. 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 purchase price of $75,577.
Strategy currently has 780,897 BTC on its balance sheet, acquired at a total cost of $59.02 billion. The company has 19,103 BTC left to reach 800,000 BTC after purchasing over 107,000 BTC this year.
Purchases financed from Strategy’s STRC ATM
According to the filing, the $1 billion worth of purchases were funded with proceeds from Strategy, Stretch’s preferred perpetual capital (STRC).
Last week, the company sold 10 million shares of STRC, generating approximately $1 billion in par value and net proceeds. During the period in question, no shares were sold in exchange for STRF, STRK, STRD or MSTR shares.
According to to STRC.live, STRC recorded its second-highest weekly airplay on record last week, almost three times its four-week average. In recent weeks, the company recorded record sales of shares after Strategy changed its sales rules in early March.
Saylor teased the latest purchase in a Sunday post on X, sharing a chart of Strategy’s Bitcoin purchase history showing 105 acquisitions since 2020, a pattern often seen ahead of recent BTC purchases.
The strategy’s aggressive buying of Bitcoin comes despite the company incurring significant unrealized losses on its holdings. Last week, Strategy reported that unrealized losses on digital assets were $14.46 billion in the first quarter of 2026.
In addition to the strategy, Bitcoin ETFs (ETFs) also saw significant buying last week, with $786 million of spot Bitcoin ETF inflows during the period.
Related: Institutions Find Crypto Bull Market While Retail Trading Down: Exodus CEO
Cryptocurrency markets surged early last week following the announcement of a ceasefire between the US and Iran, with Bitcoin recovering to $70,000 and briefly surpassing $73,000. According to this CoinGecko.
Nomura’s Laser Digital told Cointelegraph that Strategy’s purchases were one of the key signals supporting the move, alongside mighty inflows into Bitcoin ETFs. The company added that U.S. stocks also returned to pre-conflict levels, reinforcing broader market dynamics.
“However, the weekend talks did not go well – no agreement was reached and the recent announcement of a naval blockade on April 13 resulted in a sharp decline 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.
