Michael Saylor, executive chairman of Strategy (MSTR), announced Monday that his firm purchased 3,273 bitcoin for approximately $255 million, pushing the company’s total holdings to 818,334 BTC. The acquisition was made at an average price of $77,906 per coin, according to Saylor’s post on X.
Strategy’s cumulative bitcoin treasury now stands at a cost basis of roughly $61.81 billion, with an average acquisition price of $75,537 per bitcoin.
The company, widely regarded as the largest publicly traded corporate holder of bitcoin in the world, also reported a year-to-date BTC yield of 9.6 percent for 2026, a metric Saylor uses to measure per-share bitcoin accumulation relative to dilution.
Strategy's Path Toward One Million Bitcoin
With 818,334 BTC now on its balance sheet, Strategy holds roughly 81.8 percent of its publicly stated long-term target of one million bitcoin.
The pace of accumulation has been consistent throughout 2025 and into 2026, with the company financing purchases through equity offerings, convertible notes, and other capital market instruments structured around its bitcoin treasury model.
The 9.6 percent BTC yield figure year-to-date reflects how aggressively the firm has been adding bitcoin relative to its outstanding share count.
For investors tracking MSTR as a bitcoin proxy, this metric has become one of the more closely watched indicators of whether dilution from new share issuance is being offset by proportionally larger bitcoin acquisitions.
Strategy’s latest purchase comes at a moment when bitcoin has been trading above the $77,000 level, a price range that reflects a meaningful recovery from earlier lows seen in late 2024 and early 2025.
The company’s average cost basis of $75,537 per coin means the current treasury sits modestly above breakeven at recent market prices, though price volatility continues to define the broader environment.
Strive Expands Its Bitcoin Treasury as Corporate Accumulation Broadens
Strategy was not alone in adding to its bitcoin reserves on Monday. Matt Cole, CEO and chairman of Strive, announced that his firm acquired 789 BTC for $61.43 million, at an average cost of $77,890 per bitcoin. Cole’s announcement on X confirmed that Strive’s total holdings reached 14,557 BTC as of April 24, valued at nearly $1.13 billion.
Strive’s treasury remains a fraction of Strategy’s, but the parallel timing of both disclosures underscores a broader pattern of institutional and corporate bitcoin accumulation that has continued well into 2026.
Both firms paid nearly identical average prices for their respective purchases, suggesting they were active buyers during a similar market window.
For Strive, reaching a $1.13 billion bitcoin position marks a significant milestone in its relatively short history as a publicly traded vehicle focused on bitcoin treasury operations.
Cole has positioned Strive as a competing model to Strategy, targeting investors who want bitcoin exposure through a corporate equity structure but with a different management approach and capital allocation philosophy.
The coordinated cadence of corporate treasury disclosures has itself become a recurring feature of bitcoin market weeks.
When large holders like Strategy file or post treasury updates, it tends to reinforce confidence in the institutional demand narrative, even when individual purchase sizes represent a small fraction of daily spot market volume.
Strategy’s move from roughly 815,000 BTC to 818,334 BTC in this latest tranche is incremental by absolute measure, yet each purchase draws fresh attention because of the symbolic weight of the one million BTC target Saylor has repeatedly referenced.
At current accumulation rates, the firm would need to acquire approximately 181,666 additional bitcoin to reach that threshold, a figure that represents tens of billions of dollars in additional capital deployment depending on where bitcoin prices settle.
Bitcoin’s price behavior in the days following large corporate purchase announcements has historically been mixed, with the market absorbing news of treasury additions as expected rather than surprising.
Traders and analysts are increasingly treating these disclosures as confirmations of sustained institutional demand rather than catalysts for immediate price movement, reflecting how normalized corporate bitcoin accumulation has become at this stage of the market cycle.
Not Financial Advice: This article is for informational purposes only. Crypto investments are highly volatile. Always do your own research.
