Strategy, the Virginia-based business intelligence firm led by executive chairman Michael Saylor, acquired 3,273 bitcoin for approximately $255 million on April 27, 2026, bringing the company’s total reserves to 818,334 BTC. The purchase was executed at an average price of roughly $77,906 per bitcoin.
Accumulation Details and Cost Basis
As of April 26, 2026, Strategy’s full bitcoin position was acquired for approximately $61.81 billion at an average cost of $75,537 per coin. The company also reported a bitcoin yield of 9.6% year-to-date through 2026, up from 9.5% disclosed in its prior filing one week earlier, indicating effective management of dilution from capital raises.
The latest buy follows a blockbuster week: last week Strategy disclosed a separate acquisition of 34,164 BTC for $2.54 billion at roughly $74,395 per coin, which pushed total holdings to 815,061 BTC. The newest transaction adds another 3,273 coins, extending the company’s position further into record territory.
From Zero to 3.9% of Circulating Supply
Since August 2020, Strategy has completed more than 107 documented purchase events, financing its bitcoin accumulation through equity offerings, convertible notes, and preferred stock instruments. With 818,334 BTC on its books, Strategy now controls roughly 3.9% of bitcoin’s fixed 21 million coin supply. The company trades on public markets under tickers MSTR and STRC. Notably, inflows into its STRC preferred stock have dwarfed net gains of many spot bitcoin ETFs since its launch.
The disclosure landed on the same day Saylor reached 5 million followers on X, a testament to his role as the most visible corporate advocate for bitcoin as a treasury asset. He regularly posts reserve updates and price charts to a growing global audience.
Outlook: On Track for 1 Million Bitcoin?
Analysts suggest that at the current pace of roughly 100,000 BTC per quarter, Strategy could hit the 1 million BTC milestone by late 2026. Meanwhile, the STRC preferred stock continues to attract significant capital, signaling sustained investor confidence in the bitcoin treasury strategy. Saylor has consistently described the accumulation as a long-term hedge against currency debasement rather than a near-term trade. Bitcoin traded near $77,800 at the time of disclosure, well above Strategy’s average cost of $75,537, yielding an unrealized gain of approximately 2.7%.
Strategy has shown no public indication it plans to slow the pace of buying heading into the second half of 2026. With its relentless “bitcoin-first” treasury policy, the firm is poised to further cement its position as the world’s single largest bitcoin holder.

