Strategy buys 34,164 bitcoin for $2.54 billion
Analysis
Price Impact
MedMicrostrategy's significant purchase of bitcoin indicates continued institutional adoption and confidence in btc as a store of value. while the immediate impact might be moderate as the market has already priced in institutional buying, it reinforces a positive long-term sentiment.
Trustworthiness
HighPrice Direction
BullishThe consistent buying by a major institutional player like microstrategy, especially at a time when bitcoin is near its all-time highs, suggests strong underlying demand and belief in future price appreciation. this large acquisition can provide a floor for prices and encourage further buying.
Time Effect
LongThis type of strategic, large-scale acquisition by an institution like microstrategy is typically a long-term play. the effects on bitcoin's price are more likely to be seen over months and years as their conviction and potential further accumulation continue to influence market sentiment and adoption.
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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy buys 34,164 bitcoin for $2.54 billion Last week's purchases were funded by sales of the companies perpetual preferred stock, STRC and common stock. By James Van Straten Apr 20, 2026, 12:07 p.m. Make preferred on What to know : Strategy purchased 34,164 bitcoin for about $2.54 billion last week at an average price of $74,395 per coin. The company has spent roughly $61.56 billion on its bitcoin at an average cost of $75,527 per coin. MSTR shares are down 2.5% pre-market. Michael Saylor’s Strategy (MSTR) added 34,164 bitcoin to its treasury over the past week at an average price of about $74,395 per coin, for a total cost of roughly $2.54 billion, according to a Monday filing . The purchase brings the company’s total holdings to 815,061 BTC, acquired for approximately $61.56 billion at an average cost basis of $75,527. Last week’s acquisitions were funded by $2.2 million raised through sales of the company’s preferred stock, Stretch (STRC), and $366 million from common stock offerings. The current price of bitcoin is hovering around $75,000, while MSTR shares are down more than 2.5% in pre-market trading. Bitcoin News MicroStrategy More For You U.S.-Iran ceasefire ends, Tesla earnings: Crypto Week Ahead By Francisco Rodrigues | Edited by Sheldon Reback 15 minutes ago Your look at what's coming in the week starting April 20. What to know : Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets. Read full story Latest Crypto News U.S.-Iran ceasefire ends, Tesla earnings: Crypto Week Ahead 15 minutes ago Nearly $1 billion in bitcoin ETF inflows power bull case as Kelp hack fuels DeFi jitters 43 minutes ago Bitcoin drops from recent highs as traders watch CME gap, DeFi hack fallout 1 hour ago Bitcoin is rallying as flagship conference approaches, data shows the gains rarely last 1 hour ago Here's how bitcoin's $7.9 billion April options expiry impact prices 2 hours ago A $300 million borrowing spike on Aave signals liquidity crunch after KelpDAO exploit 2 hours ago Top Stories LayerZero blames Kelp's setup for $290 million exploit, attributes it to North Korea's Lazarus 7 hours ago 'DeFi is dead': crypto community scrambles after this year's biggest hack exposes contagion risk 18 hours ago The $292 million Kelp exploit: how it happened, and what it means for DeFi 13 hours ago Previewing Consensus' Policy Summit: State of Crypto 17 hours ago Aave sees $6 billion deposit drop as Kelp hack exposes structural risk for DeFi lender 21 hours ago Inside the rise of wrench attacks against crypto holders and how France has become the focus 22 hours ago