Strategy Inc. (NASDAQ:MSTR) has purchased of 34,164 Bitcoin (CRYPTO: BTC) for $2.54 billion at an average price of $74,395 between April 13 and April 19.
The Third-Largest Purchase
Strategy’s latest acquisition brings total holdings to 815,061 BTC, acquired for approximately $61.56 billion at an average cost basis of $75,527.
With Bitcoin trading around $75,000, the position sits roughly breakeven.
The purchase ranks as Strategy’s third-largest on record and the biggest weekly acquisition since November 2024.
Michael Saylor gave his usual Sunday hint ahead of the announcement, sharing an update on Strategy’s Bitcoin acquisition tracker and stating “Think even bigger,” suggesting a more substantial purchase than the prior week’s 13,927 BTC.
How It Was Funded
The acquisitions were funded by $2.17 billion raised through sales of the company’s preferred stock STRC and $366 …
