Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has surpassed 800,000 BTC in total holdings following its latest purchases.
Strategy acquired 34,164 Bitcoin for $2.54 billion between April 13 and 19, according to an 8-K filing with the US Securities and Exchange Commission on Monday.
This purchase is Strategy’s third-largest Bitcoin acquisition by coin count, following acquisitions of 55,500 BTC and 51,780 BTC in November 2024.
After acquiring 780,897 BTC in a $1 billion purchase last week, the company now holds 815,061 BTC, acquired for $61.56 billion.
The new acquisition was made at an average price of $74,395 per coin, slightly below the company’s average acquisition price of $75,527.
Saylor indicated the upcoming purchase on Sunday, signalling another significant Bitcoin acquisition. On Friday, the company also announced plans to pay Stretch (STRC) dividends twice monthly. STRC is the company’s perpetual preferred security.
“If we were to move forward with paying STRC semi-monthly, we would be in category one, the only preferred in the world that pays semi-monthly dividends. We think this is unique and attractive,” Strategy CEO Phong Le said.
As with several recent acquisitions, most of Strategy’s latest purchase was funded through STRC.
Source: X.com
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