Michael Saylor’s MicroStrategy, the largest public holder of Bitcoin, significantly expanded its digital asset reserves last week.
The company purchased 13,927 Bitcoin for $1 billion between April 6 and April 12. These acquisitions were made at an average price of $71,902 per coin.
MicroStrategy’s total holdings now stand at 780,897 BTC, acquired for an aggregate cost of $59.02 billion. The company is nearing its target of holding 800,000 Bitcoin, having already acquired over 107,000 BTC this year.
Funding for these purchases came from proceeds generated by MicroStrategy’s perpetual preferred equity, STRC. The company sold approximately 10 million STRC shares, realizing about $1 billion in net proceeds.
This aggressive acquisition strategy continues despite MicroStrategy reporting substantial unrealized losses on its Bitcoin holdings, which amounted to $14.46 billion in the first quarter of 2026. The company's strategy to accumulate Bitcoin persists as a key market signal, alongside strong inflows into Bitcoin ETFs.