Strategy's continuous accumulation of bitcoin, even at an average cost higher than the current market price, signals strong conviction and may absorb significant sell-side pressure, potentially supporting bitcoin's price.
Despite the unrealized losses, strategy's decision to increase its holdings indicates a long-term bullish outlook on bitcoin. this persistent buying by a major institutional player can provide a floor for prices and encourage further upside.
Strategy's investment in bitcoin is a long-term strategy, as evidenced by their substantial holdings and continued accumulation despite short-term market fluctuations.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy added another 4,871 bitcoin for $330 million, with holdings nearing 767,000 BTC Last week's purchases were mostly funded via sales of the company's STRC preferred stock. By Shaurya Malwa | Edited by Stephen Alpher Updated Apr 6, 2026, 12:36 p.m. Published Apr 6, 2026, 12:17 p.m. Make preferred on What to know : Strategy bought 4,871 bitcoin for about $329.9 million last week at an average price of $67,718 per coin. The company has spent roughly $58.02 billion on its bitcoin at an average cost of $75,644 per coin, leaving it with about $5 billion in unrealized losses at current prices. With 766,970 BTC, Strategy controls about 3.8 percent of bitcoin's circulating supply. Michael Saylor's Strategy (MSTR) added 4,871 bitcoin to its treasury over the past week at an average price of roughly $67,718 per coin, spending approximately $329.9 million, according to a Monday filing . The purchase brings total holdings to 766,970 BTC acquired for $58.02 billion at an all-in average cost basis of $75,644. At bitcoin's current price near $69,120, the entire position is underwater by roughly 8%, or about $5 billion in unrealized losses on paper. Strategy has acquired 4,871 BTC for ~$329.9 million at ~$67,718 per bitcoin. As of 4/5/2026, we hold 766,970 $BTC acquired for ~$58.02 billion at ~$75,644 per bitcoin. $MSTR $STRC https://t.co/dWgTMEgOgX — Michael Saylor (@saylor) April 6, 2026 Last week's purchases were mostly funded through $227.3 million in sales of the company's STRC preferred stock. The remainder was funded with $72 million of sales of common stock. A CryptoQuant report last week flagged Strategy's 30-day accumulation at roughly 44,000 BTC through late March, making it one of only two institutional channels absorbing supply at scale alongside spot ETFs, which purchased approximately 50,000 BTC over the same period. At 766,970 BTC, Strategy holds roughly 3.8% of bitcoin's total circulating supply of 20.01 million coins and remains by far the largest corporate holder of the asset. More For You Encryption Supremacy: Zcash and Privacy in the Age of Scale By CoinDesk Research Mar 31, 2026 Commissioned by GenZcash Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap. Why it matters : As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve. View Full Report More For You Bitcoin rallies on report of Iran ceasefire talks, Algorand extends gains By Francisco Rodrigues , Omkar Godbole | Edited by Sheldon Reback 2 hours ago If a ceasefire materializes, a relief rally could further benefit risk assets. For now, traders appear to be treating the headlines with skepticism. What to know : Bitcoin neared $70,000 as reports of potential U.S.-Iran ceasefire talks boosted risk appetite and triggered more than $270 million in short liquidations. Derivatives data show rising open interest and positive funding rates for bitcoin, ether and several major altcoins even as options markets remain cautious. Algorand’s ALGO token has jumped... Read full story Latest Crypto News Bitcoin has room to rally, but there's a catch 1 hour ago Bitcoin rallies on report of Iran ceasefire talks, Algorand extends gains 2 hours ago IMF warns tokenization could bring crypto risks into global financial markets 3 hours ago Inflation takes center stage: Crypto Week Ahead 4 hours ago China orders Apple to pull Dorsey's Bitchat, the messaging app used during Iran protests 4 hours ago Circle future-proofs Arc blockchain against quantum computing threats 5 hours ago Top Stories Bitcoin meltdown to $10,000 remains likely unless prices reclaim $75,000, analyst says 8 hours ago A simple explainer on what quantum computing actually is, and why it is terrifying for bitcoin 16 hours ago Drift says $270 million exploit was a six-month North Korean intelligence operation Apr 5, 2026 Traders are the big winners as 24/7 stocks will finally end the after-hours price 'manipulation' Apr 4, 2026 Bitcoin's $1.3 trillion security race: Key initiatives aimed at quantum-proofing the world's largest blockchain Apr 5, 2026 Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means Apr 4, 2026