Strategy, which continues its growth strategy by adding Bitcoin to its balance sheet, is maintaining its position as one of the largest institutional holders of BTC following its latest purchase. The company acquired an additional 3,273 Bitcoin between April 20 and April 26 for approximately $255 million. The average purchase price for this transaction was disclosed as $77,906 per BTC.
With this latest move, Strategy’s total Bitcoin holdings have reached 818,334 BTC. At current market prices, these holdings are valued at დაახლოებით $63.7 billion, while the company’s total cost basis stands at around $61.8 billion. This implies roughly $1.9 billion in unrealized gains at current levels. The company’s Bitcoin holdings now account for approximately 3.9% of the total 21 million supply, highlighting the scale of institutional demand.
On the financing side, Strategy continues to rely on a notable model. The company funded its latest Bitcoin purchase not through operational income, but via proceeds from stock sales. Last week, Strategy raised approximately $255 million by selling around 1.45 million shares of its Class A common stock. This approach reflects the continuation of its long-standing “Bitcoin-focused capital strategy.” The company still has more than $26 billion in additional issuance capacity under the same program.
Strategy’s broader plans further reinforce this approach. The firm is executing its “42/42” plan, which targets a total of $84 billion in capital raises through equity offerings and convertible notes by 2027. These funds are expected to be largely allocated toward Bitcoin acquisitions. In addition, preferred stock programs such as STRK and STRC are strengthening the financing leg of this strategy.
The company’s co-founder Michael Saylor once again drew attention with his pre-announcement signals on social media. His “the beat goes on” message was interpreted by the market as a hint of another acquisition. Shortly after, the official announcement followed. Just a week earlier, Strategy had made a 34,164 BTC purchase, marking the third-largest acquisition in its history.
Strive adds more BTC
Meanwhile, Strategy is not alone. Other companies are also continuing to adopt Bitcoin as a balance sheet asset. Strive Inc. announced that it purchased approximately 789 additional BTC, bringing its total holdings to 14,557 BTC. The company positions Bitcoin not just as an investment, but as a core component of the transformation in corporate finance.
Educational initiatives by Strive’s sub-brand True North further support this vision. An event scheduled for May in Oregon will bring together CFOs, founders, and finance leaders to explore Bitcoin’s role in corporate balance sheets. These efforts reflect a broader shift, where Bitcoin is increasingly seen not only as a speculative asset, but as a structural element reshaping financial architecture.
According to available data, publicly traded companies now hold more than 1.15 million BTC. When combined with ETF holdings, the scale of institutional ownership becomes even more pronounced. Despite this rapid growth, however, many related stocks remain significantly below their 2025 peak levels. Strategy’s stock, for example, has pulled back sharply from its highs, although it gained more than 10% over the past week. During the same period, Bitcoin rose by approximately 4.6%, indicating that the correlation between BTC and related equities remains intact.
