Strategy Signals More Bitcoin Buys After $1B Purchase of 13,927 BTC
Executive Chairman Michael Saylor shared a dashboard showing Strategy holds 780,897 BTC at a total cost of $59.02 billion and average price of $75,577. An SEC filing shows purchase of 13,927 BTC for $1.0 billion funded by STRC stock sales and reveals $2.25 billion reserves with 10% net leverage.
1. Executive Chairman Signals New Bitcoin Buy
Michael Saylor’s “Think Even Bigger” dashboard post highlighted Strategy’s 780,897 BTC holdings at a total acquisition cost of $59.02 billion and an average purchase price of $75,577. The post functions as a soft signal, hinting at potential future purchases ahead of formal SEC filings.
2. Latest SEC Filing Details
In an SEC filing dated April 13, Strategy disclosed acquisition of 13,927 BTC between April 6 and April 12 for roughly $1.0 billion, funded through sales of its STRC preferred stock. This latest purchase brought total bitcoin holdings to 780,897 BTC on the balance sheet.
3. Balance Sheet Capacity and Market Expectations
The dashboard also showed $2.25 billion in USD reserves and 10% net leverage, indicating room for additional bitcoin accumulation if market conditions align. Investors now watch for another filing as bitcoin trades near Strategy’s average cost basis, sharpening focus on potential buys.