Strategy Inc. Signals Next Bitcoin Buy After $1B Purchase, Holding 780,897 BTC
Executive Chairman Michael Saylor’s “Think Even Bigger” post highlighted Strategy Inc.’s 780,897 BTC holdings at a total cost of $59.02 billion and a $75,577 average purchase price. It follows a $1 billion purchase of 13,927 BTC funded by preferred stock sales and shows $2.25 billion in USD reserves with 10% net leverage.
1. Saylor’s Soft Bitcoin Signal
Executive Chairman Michael Saylor shared a dashboard with the message “Think Even Bigger,” signaling potential future bitcoin acquisitions. The dashboard displayed 780,897 BTC on the balance sheet, a total acquisition cost of $59.02 billion and an average price per coin of $75,577.
2. $1 Billion Bitcoin Acquisition Details
In an SEC filing dated April 13, Strategy Inc. disclosed it acquired 13,927 BTC between April 6 and April 12 for roughly $1 billion. The purchase was funded through sales of its STRC preferred stock, reinforcing the pattern of leveraging capital markets to expand its bitcoin position.
3. Robust Financial Position
The dashboard also showed $2.25 billion in USD reserves and 10% net leverage, indicating ample capacity for additional purchases. With bitcoin trading near the company’s average cost basis, investors are watching for whether Strategy will file another major acquisition soon.