Strategy Bought 13,927 Bitcoin for About $1 Billion Last Week

Strategy’s STRC perpetual preferred stock generated about $1.1 billion in trading volume on April 13, reinforcing its role as a key funding vehicle for the company’s long-term Bitcoin acquisition plan.

BTC

10d ago

Fact Check

The strongest evidence is the official Strategy press page, "Strategy Acquires 13,927 BTC and Now Holds 780,897 BTC," which directly states the two core figures in the claim: 13,927 BTC acquired and 780,897 BTC held. That is authoritative primary-source support for the statement "Strategy Bought 13,927 Bitcoin for About $1 Billion Last Week." The user's additional statement about holdings "as of April 12, 2026" is broadly consistent with the official April 13, 2026 Strategy announcement title, but the fetched page content available in this run was sparse and did not expose the body text needed to directly verify the exact total cost figure of about $59.02 billion. A traced upstream source to Michael Saylor's X post exists at https://x.com/saylor/status/2043661116300050583, but that page could not be fetched, and independent web/X search attempts did not return additional usable corroboration. So the main claim is likely true based on the official Strategy source, while the exact cost basis figure is not fully independently confirmed from fetched body text in this run.

Summary

Strategy bought 13,927 BTC between April 6 and April 12 for about $1 billion at an average price of $71,902, bringing its total holdings to 780,897 BTC. The company funded the purchase by selling 10 million STRC perpetual preferred equity shares, generating about $1 billion in net proceeds, while no MSTR, STRK, STRF, or STRD shares were sold during the period. A new update adds that STRC recorded about $1.1 billion in trading volume on April 13 and is becoming a core funding tool in Strategy’s $84 billion 42/42 Bitcoin plan through 2027. Strategy disclosed the purchase in an SEC 8-K filing, while its first-quarter 2026 disclosure showed $14.6 billion in unrealized digital asset losses.

Terms & Concepts

BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market capitalization.
STRC: Strategy’s perpetual preferred equity share class, used to raise proceeds for Bitcoin purchases and described as a core funding tool in the company’s plan.