Key Highlights
- Strategy acquired 13,927 BTC worth approximately $1 billion at $71,902 per bitcoin.
- Total Bitcoin holdings expanded to 780,897 BTC by April 12, 2026.
- The acquisition was financed through a $1 billion sale of 10.03 million Stretch preferred shares.
- Year-to-date bitcoin yield climbed to 5.6% following this transaction.
- Cumulative bitcoin investment totals approximately $59.02 billion at an average price of $75,577 per BTC.
Strategy has returned to its aggressive Bitcoin accumulation strategy following a brief hiatus. The firm acquired 13,927 $BTC valued at roughly $1 billion, recent regulatory documents reveal. This transaction brought Strategy’s total Bitcoin position to 780,897 BTC by April 12, 2026.
The company secured these coins at an average purchase price of $71,902 per bitcoin. Regulatory filings indicate that Strategy’s cumulative investment in Bitcoin now totals approximately $59.02 billion across all acquisitions.
Strategy’s average acquisition cost per bitcoin now stands at $75,577 as of April 12. This price point remains higher than current market valuations, resulting in unrealized losses on the company’s position.
Preferred Stock Sale Finances Latest Bitcoin Acquisition
Strategy secured funding for this purchase by issuing its Variable Rate Series A Stretch preferred stock. The company sold 10.03 million shares, generating exactly $1.00 billion between April 6 and April 12, 2026.
Strategy has acquired 13,927 BTC for ~$1.00 billion at ~$71,902 per bitcoin and has achieved BTC Yield of 5.6% YTD 2026. As of 4/12/2026, we hodl 780,897 $BTC acquired for ~$59.02 billion at ~$75,577 per bitcoin. $MSTR $STRC https://t.co/xVKjg2cEVP
— Michael Saylor (@saylor) April 13, 2026
The preferred stock transaction yielded net proceeds of $1.00 billion for the company. Strategy disclosed that $21.64 billion in capacity remains accessible under its existing at-the-market distribution program.
No shares from alternative preferred stock categories were issued during this timeframe. Other available classes encompass STRF, STRK, STRD, and the firm’s Class A stock offering.
Strategy previously unveiled $21 billion in new offerings scheduled for March 2026. These initiatives include both Stretch preferred stock and Class A common stock issuances.
Management indicated these offerings will commence once existing program capacity diminishes significantly. This arrangement provides Strategy with a continuous funding mechanism for ongoing bitcoin acquisitions.
Previous Acquisitions, Executive Statements, and Trading Performance
This acquisition follows Strategy’s prior purchase of 4,871 BTC announced the previous week. That transaction required approximately $330 million based on company disclosures at the time.
The week before that purchase marked a notable pause in announcements. It represented the first week without a bitcoin acquisition announcement in several months of consistent buying activity.
Michael Saylor teased a substantial announcement Sunday with a cryptic “think ₿igger” message on social media. He subsequently revealed that Strategy’s BTC breakeven annual run rate currently exceeds 2%.
Saylor explained, “If Bitcoin grows faster over time, we can cover dividends indefinitely.” He suggested this approach could eliminate the need to issue additional MSTR shares going forward.
Strategy confirmed its year-to-date bitcoin yield increased to 5.6% with this latest acquisition. This proprietary metric helps the company measure bitcoin accumulation per share over time.
MSTR stock has declined over 18% year-to-date in 2026 trading sessions. This performance has closely mirrored bitcoin’s price trajectory during the identical timeframe.
Strategy’s regulatory filing confirmed its bitcoin holdings totaled 780,897 BTC on April 12. The company’s aggregate investment in these holdings reached $59.02 billion.
