Strategy Expands Bitcoin Treasury with $1 Billion Acquisition

Apr 13, 2026 12:09 UTC

MSTR, BTC

Short term

Michael Saylor's Strategy (MSTR) has acquired nearly 14,000 additional Bitcoin to bolster its corporate reserves. The purchase was funded entirely through the issuance of preferred stock.

Added 13,927 BTC at $71,902 average price
Total treasury now holds 780,897 BTC
Total cost basis increased to $59.02 billion
Funding sourced from STRC preferred stock sales
MSTR shares declined 2.5% in pre-market trading

Strategy (MSTR) continues its aggressive accumulation of digital assets, adding 13,927 bitcoin to its balance sheet over the past week. According to a recent filing, the company spent approximately $1 billion on the acquisition, averaging $71,902 per coin. This latest move brings the company's total holdings to 780,897 BTC. The total investment in the asset now stands at roughly $59.02 billion, reflecting an overall average cost basis of $75,577 per bitcoin. The $1 billion required for this purchase was raised through the sale of 'Stretch' (STRC), the company's preferred stock. This highlights the firm's ongoing strategy of leveraging equity markets to fund cryptocurrency acquisitions. Despite the increase in holdings, MSTR shares saw a decline of more than 2.5% in pre-market trading. This comes as the current market price of bitcoin hovers just below the $71,000 mark, slightly below the average price paid for the most recent batch of coins.