Key Takeaways
- • Strategy acquired 3,273 BTC for $255 million at an average price of $77,906 per coin during the week ending April 27, 2026, funded entirely through the sale of 1.45 million MSTR shares.
- • Total bitcoin holdings now reach 818,334 BTC, valued at approximately $63.7–$63.8 billion, establishing Strategy as the world's largest corporate holder of cryptocurrency by a substantial margin.
- • Strategy controls 3.9% of Bitcoin's 21 million hard cap supply, with an average cost basis of $75,537 per coin across its entire treasury.
- • The purchase continues a rapid accumulation pace, following a $2.5 billion acquisition of 34,000+ BTC earlier in April and a roughly $1 billion buy earlier in the month.
- • Stock-funded acquisition strategy deploys ATM offerings, with $26.47 billion in MSTR Class A common stock remaining available for issuance under the current authorization, enabling continued treasury expansion without cash depletion.
Summary
Strategy (NASDAQ: MSTR), led by Executive Chairman Michael Saylor, purchased an additional 3,273 bitcoin for $255 million on April 27, 2026, according to regulatory filings and public announcements. The acquisition, executed at an average price of $77,906 per bitcoin, brings the company's total BTC holdings to 818,334 coins, currently valued at approximately $63.7–$63.8 billion. This positions Strategy as the world's largest publicly traded corporate holder of cryptocurrency, substantially ahead of competitors Twenty One Capital (43,514 BTC) and Metaplanet (40,177 BTC).
The purchase was funded entirely through the sale of 1.45 million shares of MSTR Class A common stock, generating the required $255 million in proceeds. This financing approach—utilizing an active at-the-money (ATM) offering program—allows Strategy to accumulate bitcoin without drawing down cash reserves. The company maintains $26.47 billion in MSTR stock authorization remaining under its current program, providing substantial capacity for continued acquisitions.
Strategy's aggregate cost basis across its entire bitcoin treasury stands at $75,537 per coin, calculated against total historical expenditures of $61.81 billion. The company now controls approximately 3.9% of Bitcoin's total 21 million coin hard cap. This latest acquisition represents part of an accelerated accumulation pattern in April 2026, following a $2.5 billion purchase of over 34,000 BTC and approximately $1 billion in additional purchases earlier in the month.
The treasury expansion has generated a year-to-date bitcoin yield of 9.6% for 2026. However, MSTR stock has declined 54% over the past 12 months and trades at $171.02 per share, reflecting broader equity market dynamics. Strategy's mNAV (market value to net asset value ratio) stands near 0.98, indicating the stock trades broadly in line with the value of its bitcoin holdings, compared to Twenty One Capital at 0.81 and Metaplanet at 0.99. Michael Saylor announced the acquisition on social media with the statement "The beat goes on," signaling continued commitment to the acquisition strategy.
The purchase was funded entirely through the sale of 1.45 million shares of MSTR Class A common stock, generating the required $255 million in proceeds. This financing approach—utilizing an active at-the-money (ATM) offering program—allows Strategy to accumulate bitcoin without drawing down cash reserves. The company maintains $26.47 billion in MSTR stock authorization remaining under its current program, providing substantial capacity for continued acquisitions.
Strategy's aggregate cost basis across its entire bitcoin treasury stands at $75,537 per coin, calculated against total historical expenditures of $61.81 billion. The company now controls approximately 3.9% of Bitcoin's total 21 million coin hard cap. This latest acquisition represents part of an accelerated accumulation pattern in April 2026, following a $2.5 billion purchase of over 34,000 BTC and approximately $1 billion in additional purchases earlier in the month.
The treasury expansion has generated a year-to-date bitcoin yield of 9.6% for 2026. However, MSTR stock has declined 54% over the past 12 months and trades at $171.02 per share, reflecting broader equity market dynamics. Strategy's mNAV (market value to net asset value ratio) stands near 0.98, indicating the stock trades broadly in line with the value of its bitcoin holdings, compared to Twenty One Capital at 0.81 and Metaplanet at 0.99. Michael Saylor announced the acquisition on social media with the statement "The beat goes on," signaling continued commitment to the acquisition strategy.
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