Strategy said it acquired 34,164 BTC on April 20 in a transaction worth about $2.54 billion. With that purchase, the company’s total Bitcoin holdings climbed to 815,061 BTC, valued in the article at roughly $61.56 billion, extending its lead as the largest corporate Bitcoin holder.
The newly purchased Bitcoin was bought at an average price of $74,395 per BTC. Across all of its acquisitions, Strategy’s average cost basis now stands at $75,527 per BTC. At the time referenced in the source, Bitcoin was trading near $75,308, slightly below that overall average. Even so, the firm was still up about 9.5% on a year-to-date basis across its cumulative position.
Saylor signaled another move before the disclosure
Before the announcement, Executive Chairman Michael Saylor posted signals that many traders have come to associate with upcoming Bitcoin purchases. On Sunday, he shared a chart tracking the company’s accumulation and wrote “Think Even Bigger”. In an earlier post, he said “Impossible to blockade Bitcoin.”
The source also notes that as of April 13, the company had already acquired $1 billion worth of Bitcoin. A week later, it disclosed a much larger addition to the balance sheet.
Semi-monthly dividend plan moves toward a vote
Alongside the Bitcoin purchase, Strategy is advancing a proposal to shift to a semi-monthly dividend schedule. Under the plan, payouts would be made on the 15th of each month and again at month-end. The expected annual dividend rate would remain 11.51%.
Management said in a company blog post that, if approved and adopted, the structure could reduce reinvestment lag and improve liquidity, market efficiency, and price stability. Strategy filed a preliminary proxy after the close on April 17 and expects to submit the definitive filing on April 28. Shareholders are set to vote ahead of the annual meeting on June 8. If approved, the first payment under the new structure is expected on July 15.
During a recent earnings call, CEO Phong Le said the change is intended to improve market dynamics. He said it should help stabilize price action, dampen cyclicality, increase liquidity, and support demand. Le also said that if STRC begins paying semi-monthly dividends, it would be the only preferred security globally using that schedule.
ETF inflows continue as Bitcoin demand stays firm
The disclosure also came as spot Bitcoin ETF demand in the United States remained steady. According to SoSoValue, U.S. spot Bitcoin ETFs logged weekly net inflows for the past three weeks, with no net outflow period during that stretch. For the week ending April 17, total inflows reached $996.38 million.
The article adds that Strategy’s Bitcoin holdings now exceed the exposure linked to BlackRock’s retail-related U.S. spot Bitcoin ETFs, which stand at about 802,823 BTC. That comparison points to the company’s growing concentration and market weight within Bitcoin.