Michael Saylor’s Strategy (MSTR) added 13,927 bitcoin to its corporate treasury last week, according to a Monday regulatory filing. The firm spent approximately $1 billion on the acquisition, paying an average price of $71,902 per coin. The purchase was entirely funded through the sale of the company's perpetual preferred stock, known as Stretch (STRC).
This latest move brings the company’s total holdings to 780,897 BTC as of April 12, 2026, according to Cryip. Strategy has now spent roughly $59.02 billion to accumulate its current bitcoin stash, with an overall average cost basis of $75,577 per coin. Additionally, the company reported a bitcoin yield of 5.6% year-to-date for 2026, Cryip reported.
Market response and positioning
Investors reacted with caution to the announcement as bitcoin prices hovered just below the $71,000 mark. MSTR shares fell more than 2.5% during pre-market trading on Monday. While the company continues to aggressively expand its digital asset holdings, the cost basis remains higher than the current market price of bitcoin. The strategy relies heavily on capital raised through its equity offerings to maintain its pace of accumulation.
With holdings now approaching 4% of bitcoin’s total supply, Strategy remains the largest corporate holder, further solidifying its position as a proxy for bitcoin exposure in traditional equity markets, according to Cryip. Analysts continue to watch the firm's balance sheet closely, particularly as the company balances its reliance on STRC funding with the volatile price action of the underlying asset.
