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MicroStrategy Surpasses 800,000 Bitcoin Holdings
MicroStrategy crossed 800,000 Bitcoin holdings with a $2.54 billion purchase funded primarily through its STRC preferred security rather than common stock sales.
What: The company now operating as Strategy acquired 34,164 BTC between April 13-19, 2026, at an average price of $74,395 per coin, bringing total holdings to 815,061 BTC acquired for a cumulative $61.56 billion.
Why it matters: Demonstrates how corporations can use perpetual preferred securities with regular dividends to fund large-scale crypto accumulation while minimizing dilution of common shareholders.
Decoder
- STRC (Stretch): MicroStrategy's perpetual preferred security that pays regular dividends, used to raise capital for Bitcoin purchases
- ATM (At-the-Market) program: A mechanism to sell shares gradually through exchanges rather than in a single offering
Original article
MicroStrategy added 34,164 BTC for $2.54 billion between April 13-19, its third-largest single purchase by coin count, pushing total holdings to 815,061 BTC at a cumulative cost of $61.56 billion.
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