"Strategy's stock opened April from a closing low near $119 on April 2, then ground higher throughout the month as Bitcoin prices recovered. By April 17, shares closed at $166.52 - a gain of more than 40% from that early-month trough."
"Strategy disclosed on April 20 that it purchased 34,164 BTC between April 13 and April 19, 2026, at an average price of $74,395 per coin, for a total outlay of approximately $2.54 billion."
"The purchase pushed Strategy's total Bitcoin holdings to 815,061 BTC - surpassing BlackRock's 802,823 BTC held through its spot Bitcoin ETF products and making Strategy the single largest corporate holder of Bitcoin."
"Of the $2.54 billion raised to fund the acquisition, approximately $2.18 billion came from the sale of 21,795,389 shares of STRC - Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock."
Strategy's shares increased by over 25% following a significant Bitcoin acquisition and a rise in Bitcoin's price above $78,000. The stock opened at a low of $119 on April 2 and closed at $166.52 by April 17, marking a 40% gain. The company purchased 34,164 BTC for $2.54 billion, making it the largest corporate holder of Bitcoin. Funding for this acquisition primarily came from the sale of preferred stock, totaling approximately $2.18 billion.
Read at Bitcoin Magazine
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