Michael Saylor’s Strategy has expanded its Bitcoin bet again. The company bought 13,927 BTC for about $1 billion, showing that its long-running treasury strategy is still moving full speed ahead.
The latest purchase came at an average price of $71,902 per Bitcoin. As a result, Strategy now holds 780,897 BTC in total. Company data shows its combined Bitcoin purchase cost has reached about $59.0 billion, with an average cost basis near $75,577 per coin.
Strategy keeps building its Bitcoin position
This new buy follows another recent purchase of 4,871 Bitcoin worth about $330 million. That smaller deal had already hinted that Strategy was back in buying mode after a short pause. Now, this larger move makes the company’s direction even clearer.
Instead of stepping back during market swings, Strategy appears to be leaning in.
Key points from the latest purchase include:
- 13,927 BTC added for roughly $1 billion
- Average buy price of $71,902 per Bitcoin
- Total holdings increased to 780,897 BTC
- Overall average purchase price stands near $75,577
Furthermore, reports say the company funded the deal through sales of its “Stretch” perpetual preferred stock. That detail matters because it shows Strategy is not simply holding Bitcoin. It is actively using capital market tools to keep buying more.
Bitcoin volatility still weighs on results
Bitcoin traded near $71,155 on Monday, which was close to Strategy’s newest entry price. However, that level still sits below the company’s overall average cost.
That gap has created pressure on financial results. Strategy recently reported a $14.46 billion unrealized digital asset loss for the first quarter. At the same time, it also recorded a large deferred tax benefit tied to those holdings.
So, while the numbers look volatile on paper, management is still treating the pullback as a buying opportunity.
Investors still see MSTR as a Bitcoin proxy
Many investors now view Strategy less as a software business and more as a leveraged Bitcoin play. MSTR shares traded near $128.64 on Monday, giving the company a market value above $91 billion.
That premium suggests the market still believes in Saylor’s model. As long as investors accept dilution, preferred stock issuance, and earnings swings, Strategy may remain one of the boldest Bitcoin treasury stories in corporate America.
