In a notable development, Strategy has resumed its Bitcoin purchasing activities, acquiring 4,871 BTC for $330 million last week. This purchase reflects a renewed commitment to expanding its Bitcoin treasury after a brief pause in acquisitions. The firm, based in Tysons Corner, Virginia, has significantly bolstered its holdings, now totaling nearly 767,000 Bitcoin, which is valued at approximately $53.3 billion.
The recent acquisition was executed at a price of $67,700 per Bitcoin, which is below the market value at the time of the purchase. The funds for this acquisition predominantly originated from the firm’s variable-rate preferred share, known as STRC. Last week, Strategy raised $227 million through this dividend-paying product, in contrast to the $72 million gathered from common shares.
Prior to this latest purchase, the firm had chosen not to disclose any acquisitions for a week, breaking a streak of 13 consecutive weeks in which it acquired a total of 90,831 BTC. Co-founder and Executive Chairman, Michael Saylor, indicated the firm’s intention to resume Bitcoin buying through a recent tweet, stating, “Back to Work.”
In a financial update, Strategy reported a significant decline in the value of its Bitcoin holdings for the first quarter of 2026, dropping by $14.46 billion. This decrease overshadowed the firm’s $12.4 billion loss recorded in the previous quarter and does not account for operating costs. As of Monday, the company’s Bitcoin holdings are reported to be $4.9 billion underwater, and since it began investing in Bitcoin in 2020, Strategy has paid an average of $75,600 for each Bitcoin.
Despite the recent purchases, Strategy’s stock has faced challenges. Shares were projected to fall by 2.4% to around $199 prior to the market opening, reflecting a 21% decline over the year and a staggering 65% drop over the past six months from a high of $359.
In broader market news, Bitcoin experienced a notable increase, rising to $69,480, which is a 4.1% gain within a 24-hour span, according to CoinGecko. While this uptick has placed Bitcoin in a positive weekly position, it remains 44% below its all-time high of $126,000 achieved last year.
On prediction market platform Myriad, traders have assessed a 13% likelihood that Strategy will sell Bitcoin within the year, a decrease from a previous prediction of 17%. This shift in expectations reflects the dynamic nature of the market as firms assess their positions and strategies amid fluctuating prices.
