Stock Markets April 20, 2026 02:56 PM

Strategy Inc. Buys $2.54 Billion in Bitcoin, Boosting Holdings to 815,061 Coins

Digital-asset treasury firm funds largest single-week purchase since November 2024 by selling shares under its ATM program

By Avery Klein MSTR STRC STRF STRK STRD
Strategy Inc. Buys $2.54 Billion in Bitcoin, Boosting Holdings to 815,061 Coins
MSTR STRC STRF STRK STRD

Strategy Inc. purchased $2.54 billion of bitcoin in the week ending April 19, funded by the sale of multiple security tranches. The company acquired 34,164 bitcoin at an average cost of $74,395 per coin and now holds 815,061 bitcoin in total, purchased for an aggregate $61.56 billion at an average price of $75,527 per coin. No sales of STRF, STRK, or STRD shares were reported during the period, and the firm retains significant remaining capacity under its at-the-market offering program.

Key Points

  • Strategy Inc. purchased 34,164 bitcoin for $2.54 billion during the week ending April 19, funded by the sale of company securities.
  • The purchase raises Strategy’s total bitcoin holdings to 815,061 coins, with an aggregate cost of $61.56 billion and an average purchase price of $75,527 per coin.
  • The company sold 21,795,389 STRC shares and 2,165,000 MSTR shares to generate the net proceeds; no sales of STRF, STRK, or STRD were reported. Remaining ATM capacity is disclosed for STRF, STRK, STRD, and MSTR.

Strategy Inc. completed a $2.54 billion acquisition of bitcoin during the week ending April 19, marking the company’s largest single purchase of the cryptocurrency since November 2024. The company financed the purchase through the sale of securities, according to a Securities and Exchange Commission filing.

The filing shows Strategy sold a total of $2.54 billion in securities to fund the bitcoin purchase. That included the sale of 21,795,389 shares of STRC stock, which generated $2.18 billion in net proceeds, and 2,165,000 shares of MSTR stock, which produced $366 million in net proceeds.

Using those proceeds, Strategy acquired 34,164 bitcoin at an average price of $74,395 per coin. The $2.54 billion outlay covers the purchase price plus fees and expenses associated with the transaction.

The latest buy increased Strategy’s total bitcoin holdings to 815,061 coins. The filing reports an aggregate purchase price for the full position of $61.56 billion and an average purchase price of $75,527 per bitcoin.

During the reporting period, the company indicated it did not sell any shares of STRF, STRK, or STRD stock. The SEC disclosure also details remaining capacity under Strategy’s at-the-market offering program: $1.62 billion for STRF stock, $2.10 billion for STRK stock, $4.01 billion for STRD stock, and $26.73 billion for MSTR stock available for future issuance and sale.


Transaction details at a glance

  • Bitcoin purchased: 34,164 coins
  • Average price paid per coin: $74,395
  • Total spent (including fees and expenses): $2.54 billion
  • Post-transaction bitcoin holdings: 815,061 coins
  • Aggregate purchase price of holdings: $61.56 billion
  • Average purchase price across holdings: $75,527 per coin
  • Share sales to fund purchase: 21,795,389 STRC shares and 2,165,000 MSTR shares

The SEC filing provides a discrete snapshot of how Strategy funded its largest-week bitcoin acquisition since late 2024 and the remaining headroom it retains under existing at-the-market issuance programs.

Risks

  • Concentration of corporate assets in bitcoin increases the company’s exposure to cryptocurrency price moves, which could affect Strategy’s balance sheet and financial metrics; this impacts the digital assets sector and equity markets tied to Strategy.
  • Funding the bitcoin purchase through large share issuances may have implications for equity holders and market supply of the company’s stock; this is relevant to capital markets and investor dilution considerations.
  • The company’s ability to issue additional shares under its at-the-market program is finite and disclosed by tranche, which constrains future funding options; this affects the firm’s available capital-raising flexibility in securities markets.

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