worldcoinindex.com
Strategy has returned to the Bitcoin market with another sizable purchase, signaling renewed momentum in its long-running accumulation strategy. The firm revealed on Monday that it acquired 4,871 $BTC for roughly $330 million last week, marking its first disclosed buy after a brief pause.
The latest addition pushes Strategy’s total Bitcoin holdings to nearly 767,000 $BTC, reinforcing its position as the largest corporate holder of the digital asset. The company paid an average of $67,700 per coin in this round—slightly below current market levels.
Funding for the purchase came primarily from the firm’s preferred share offering, STRC. Over the past week, Strategy raised about $227 million through the dividend-yielding instrument, alongside $72 million from common stock sales. The company has increasingly leaned on STRC as a key financing vehicle, especially when the product trades above its $100 par value—a condition that persisted for several consecutive trading sessions.
The acquisition follows a 13-week buying streak that saw Strategy accumulate over 90,000 $BTC before briefly stepping back. That pause now appears over, with Executive Chairman Michael Saylor hinting at a restart just a day earlier with a succinct “Back to Work” message.
STRC has played a major role in fueling these purchases. In the past month alone, the company raised more than $1.5 billion through the preferred share, highlighting strong investor demand—particularly from retail participants. According to CEO Phong Le, individual investors now account for roughly 80% of STRC holders, a much higher share compared to their ownership of common stock.
Despite the aggressive accumulation, Strategy’s financials reflect the volatility of its Bitcoin-heavy approach. The firm reported a $14.46 billion decline in the value of its holdings during the first quarter, surpassing the $12.4 billion loss recorded in the previous quarter. Overall, its Bitcoin stash is currently about $4.9 billion below its aggregate purchase cost, which averages $75,600 per $BTC since 2020.
Investor sentiment toward Strategy’s stock has also weakened. Shares were set to open lower on Monday and have dropped 21% year-to-date, with a steeper 65% decline over the past six months.
Meanwhile, Bitcoin itself has shown signs of recovery, climbing above $69,000 with a daily gain of over 4%. Even so, the asset remains significantly below last year’s peak, underscoring the ongoing gap between current prices and prior highs.
Strategy’s renewed buying suggests the company remains firmly committed to its Bitcoin-first treasury approach, even as market swings continue to test its balance sheet and investor confidence.