Strategy Inc. Bitcoin Holdings Reach 780,897 BTC as Next $1B Buy Looms
Michael Saylor’s “Think Even Bigger” dashboard post showing 780,897 BTC at a total cost of $59 billion has fueled expectations of another Strategy Inc. purchase. An SEC filing shows the April 6–12 buy of 13,927 BTC for $1 billion funded by preferred stock, leaving Strategy with $2.25 billion reserves and 10% net leverage.
1. Dashboard Post Signals Potential Buy
Executive Chairman Michael Saylor shared a “Think Even Bigger” dashboard displaying Strategy’s 780,897 BTC holdings, an average purchase price of $75,577 per coin, and a total acquisition cost of $59.02 billion, a pattern that has previously preceded formal treasury updates.
2. April 6–12 Bitcoin Acquisition Details
An SEC filing revealed Strategy acquired 13,927 BTC between April 6 and 12 for approximately $1 billion, funded through the sale of STRC preferred stock, demonstrating ongoing access to capital markets for crypto purchases.
3. Balance Sheet Liquidity and Leverage
The same dashboard highlighted $2.25 billion in USD reserves and a 10% net leverage ratio, underscoring the company’s capacity to expand its bitcoin position if market conditions become favorable.
4. Investor Outlook on Cost Basis and Timing
With bitcoin trading near Strategy’s average cost basis, investors are watching closely for Saylor’s signal to translate into a new filing, which could amplify share price movement if another large purchase is announced.