Strategy Blasts Past 800,000 BTC After $2.54B Weekly Purchase

Strategy blasts past 800,000 BTC after a record weekly accumulation, purchasing 34,164 BTC for $2.54 billion, marking its third-largest acquisition by coin count.

Record Weekly Accumulation

Strategy pushed its total holdings to 815,061 BTC, continuing a rapid expansion that has defined its treasury approach throughout recent months. The company confirmed acquiring 34,164 BTC for $2.54 billion between April 13 and 19, marking one of its largest buying weeks to date.

STRC-Driven Funding

Strategy relied heavily on STRC to finance the purchase, with 85.7% of proceeds coming from the preferred security. CEO Phong Le emphasized the appeal of semi-monthly dividends, noting the company's plan to pay dividends twice monthly.

Bitcoin Accumulation Strategy

Strategy's aggressive Bitcoin accumulation has been a defining feature of its treasury approach. The company's latest purchase follows a $1 billion buy just a week earlier, lifting the company from roughly 780,897 BTC to its current 815,061 BTC position.

Market Strength

The latest coins were secured at an average price of $74,395, slightly below the firm's overall average of $75,527, reinforcing the company's pattern of scaling aggressively during market strength.

STRC Program Sets Multiple Records

Last week also delivered several new records for STRC activity. On April 13, STRC set an estimated daily record of 7,741 BTC tied to 11.9 million shares sold through its at-the-market program, generating more than $1 billion in trading volume.

• 17,204 BTC accumulated through STRC-related activity over two days
• 518% surge versus the four-week average
• $2.18 billion generated by STRC, or about 85.7% of total proceeds

Key Takeaways

• Strategy has surpassed 800,000 BTC in its treasury after a record weekly accumulation
• The company's STRC program has set multiple records, generating an estimated 17,204 BTC over two days
• Strategy's aggressive Bitcoin accumulation continues, with a focus on scaling during market strength
• The company's use of STRC to finance its purchases has been a key factor in its success

Frequently Asked Questions

What is Strategy's current Bitcoin holdings?

Strategy currently holds 815,061 BTC, after purchasing 34,164 BTC for $2.54 billion.

How does Strategy's STRC program work?

Strategy's STRC program allows the company to generate funds through the sale of its preferred security, with 85.7% of proceeds coming from STRC in its latest purchase.