Key Highlights

  • Strategy purchased 24,869 BTC for roughly $2 billion last week at an average price of $80,985, bringing its total holdings to 843,738 BTC.

  • The acquisition was funded almost entirely through sales of the company's STRC preferred stock, continuing the approach of accumulating Bitcoin without liquidating existing holdings.

  • Strategy has now deployed approximately $63.9 billion on Bitcoin since its treasury program launched in 2020, at an average cost of roughly $75,700 per coin.

Strategy added 24,869 BTC to its treasury last week in a purchase worth roughly $2 billion, paid at an average price of $80,985 per coin, pushing the company's total holdings to 843,738 BTC. The buy is one of the larger single-week purchases of 2026 and comes as Bitcoin has been consolidating below the $82,000 resistance band after recovering from April lows.

The deal was funded almost entirely through sales of STRC, Strategy's preferred stock, which has become a primary vehicle for its ongoing capital raise. The company has used a rotating combination of equity offerings, convertible notes, and preferred stock to finance purchases without triggering tax events or liquidating existing holdings. Each new issuance registers as a net addition to the Bitcoin position rather than a reallocation of existing assets.

At 843,738 BTC, Strategy now controls roughly 4% of the total Bitcoin supply that will ever exist. Its average acquisition cost of approximately $75,700 per coin means the portfolio holds an unrealized gain at current prices, though the company has consistently stated it measures success in BTC per share rather than dollar valuation.

The pace of buying has sparked ongoing debate about whether Strategy's continuous purchasing is becoming structurally significant to Bitcoin's price floor. Analysts have noted that despite enormous weekly volumes, the price impact per dollar deployed has been declining as institutional liquidity deepens. When a buyer of this scale no longer visibly moves prices, it signals that Bitcoin's market depth has grown enough to absorb institutional flows without the sharp swings that defined earlier cycles.