Strategy Inc Acquires $1 Billion in Bitcoin, Funds Purchase via Preferred Equity Sale
Summary
Strategy Inc (MSTR) has acquired an additional 13,927 Bitcoin for approximately $1 billion between April 6-12, bringing its total holdings to 780,897 BTC. This significant purchase was funded by the sale of 10 million shares of its perpetual preferred equity instrument, STRC, at an average price of $71,902 per coin, which is below the company's overall average acquisition cost. This move reinforces MSTR's aggressive Bitcoin accumulation strategy, following a recent signal from co-founder Michael Saylor about an impending purchase. While the company recently reported substantial unrealized losses on its Bitcoin holdings for Q1 2026, this capital event demonstrates continued conviction in its treasury strategy. Traders will monitor Bitcoin price action and MSTR's future capital raising efforts.
At the time of this announcement, MSTR was trading at $132.88 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $45.7B. The 52-week trading range was $104.17 to $457.22. This news item was assessed with neutral market sentiment and an importance score of 9 out of 10. Source: Brave New Coin.