Michael Saylor’s Strategy Inc. diversified its crypto portfolio with one of the largest Bitcoin purchases ever recorded. The company acquired about 34,164 BTC for approximately $2.54 billion, making this the third-largest Bitcoin purchase ever.
This acquisition strengthened Strategy’s position as the largest corporate holder of Bitcoin globally. The deal was executed between April 13 and April 19, 2026, under the “Serial Cryptocurrency Acquirer Strategy,” an aggressive business model pioneered by Strategy Inc. (formerly MicroStrategy).
A Massive Bet on Bitcoin
At an average purchase price of around $74,395 per Bitcoin, Strategy now owns approximately 3.88% of the global 21 million BTC supply. Following this acquisition, their Bitcoin holdings have surged to 815,061 BTC, accumulated at a total cost of approximately $61.56 billion. This milestone cements Strategy Inc.’s dominance in the corporate Bitcoin space.
This deal signifies that institutional demand for Bitcoin remains intact in the market. The company has consistently used market dips to accumulate more BTC, reinforcing its belief in Bitcoin as a long-term valuable asset.
According to Executive Chairman Michael Saylor, the company has also achieved a 9.5% Bitcoin yield year-to-date in 2026, reflecting its performance-focused treasury strategy.
How the Purchase Was Funded
Led by Michael Saylor, the corporation relied on capital markets to fund its Bitcoin expansion. It used the company’s balance sheet to systematically acquire and “HODL” Bitcoin (BTC) as its primary treasury reserve asset. Under the HODL “Hold On for Dear Life” policy, the company acquires the digital asset while refusing to sell it to buyers.
The strategy makes Bitcoin the company’s primary treasury reserve asset. This approach began in 2020 and has remained central to the company’s financial strategy ever since.
The “Stretch” Strategy
The deal was primarily financed through $2.18 billion raised via STRC. The company’s “Stretch” (STRC) Preferred Stock strategy powered this deal without burdening its cash reserve. This funding tool helps Strategy Inc. raise steady capital even in a fluctuating market.
By offering investors a high-yield, relatively stable investment option, the company creates a new source of liquidity. The stretch strategy allows the corporation to continue buying Bitcoin consistently.
The company raised funds primarily through:
- Preferred stock (STRC) issuance
- Common stock sales
- Ongoing at-the-market equity programs
This approach allows Strategy to convert investor capital directly into Bitcoin exposure, effectively turning its stock into a proxy for BTC investment.
Impact of the Deal on the Bitcoin Market
With this deal, Strategy has replaced BlackRock’s iShares Bitcoin Trust (IBIT) to rank as the world’s largest corporate bitcoin holder. The company BTC reserve touched $63,129 with this latest purchase.
Such large-scale purchases like this often influence market sentiment. According to the current crypto market status, the purchase has stabilized the price volatility for Bitcoin.
Bitcoin Price Hike: The immediate market reaction was seen as Bitcoin’s price climbed approximately 6%. The value is now estimated at roughly $77,500–$78,000 following the announcement.
Supply Shock: The purchase limited the availability of specific cryptocurrency from the market, as Strategy maintains a “HODL” policy until at least the early 2030s.
Strategy Inc’s Road to 1 Million BTC
The company is currently on pace to reach 1 million BTC by the end of this year. The company aims to acquire 1 million Bitcoin by the end of 2026. With this deal, Strategy has successfully acquired 815,061 BTC as of April 2026.
By utilizing a mix of equity and debt, the firm has surpassed BlackRock to become the world’s largest institutional Bitcoin holder. As more Bitcoin moves into their long-term holdings, the available supply continues to shrink, which supports the company’s long-term bullish outlook. At its current pace, reaching this milestone within the next 12 to 18 months looks increasingly possible.
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DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
