Strategy Expands Bitcoin Treasury with $1 Billion Preferred Stock Offering

Apr 13, 2026 12:09 UTC

MSTR, BTC

Short term

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

Purchased 13,927 BTC at an average price of $71,902
Total corporate holdings increased to 780,897 BTC
Total investment cost now totals $59.02 billion
Acquisition funded via $1 billion in STRC preferred stock
MSTR shares fell over 2.5% in pre-market trading

Strategy (MSTR) has further expanded its digital asset holdings, purchasing 13,927 bitcoin over the past week. According to a recent filing, the company spent approximately $1 billion on the acquisition, achieving an average purchase price of $71,902 per coin. This latest move brings the company's total treasury to 780,897 BTC. The total investment in the asset now stands at approximately $59.02 billion, reflecting an overall average cost basis of $75,577 per bitcoin. Unlike previous debt-funded acquisitions, this specific purchase was financed through the sale of preferred stock, traded under the symbol STRC. The $1 billion raised from these shares provided the full capital for the recent Bitcoin buy. The announcement comes as Bitcoin trades just below the $71,000 level. Despite the increase in holdings, MSTR shares experienced a decline of more than 2.5% in pre-market trading following the disclosure.