Strategy (MicroStrategy) Buys 4,871 BTC for $330M — Total Holdings Now 766,970 BTC

Strategy (formerly MicroStrategy) acquired 4,871 BTC for approximately $330 million in the first week of April 2026, at an average price of $67,718 per coin. The company now holds 766,970 BTC — acquired at a total cost of roughly $58.02 billion with a lifetime average of $75,644 per coin. Despite reporting a $14.46 billion unrealized loss for Q1 2026 due to Bitcoin trading below its blended average, the company shows no signs of slowing its accumulation strategy. To fund these purchases, Strategy is pivoting away from common stock issuance toward Stretch (STRC) preferred stock, which currently pays an 11.5% variable dividend. Strategy controls roughly 76% of all Bitcoin held on publicly traded balance sheets — a concentration that makes it the single most important corporate price signal in the market. Analysts note that at current prices, Strategy's BTC position represents a 9.3% discount to its cost basis, historically a zone where the company has accelerated purchases. The next quarterly earnings call is expected to reveal whether the company will issue additional preferred stock to fund further accumulation.