Strategy (MSTR) Stock Dips Despite Adding 13,927 BTC in $1B Weekly Acquisition

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Strategy acquired 13,927 bitcoin valued at approximately $1 billion during the week of April 6-12, paying an average of $71,902 per coin.
The acquisition was entirely financed through the sale of 10 million STRC (Stretch) preferred stock shares.
The company’s bitcoin treasury now holds 780,897 BTC, accumulated for a total of $59.02 billion at an average price of $75,577 per coin.
First quarter 2026 unrealized losses on digital asset holdings reached $14.46 billion.
MSTR shares declined over 2.5% during pre-market hours following Monday’s regulatory disclosure.

Strategy continued its aggressive bitcoin accumulation strategy with another billion-dollar purchase last week, though equity markets responded negatively to the announcement.

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

According to an 8-K filing submitted to the Securities and Exchange Commission on Monday, the transaction occurred between April 6 and April 12. The company secured 13,927 BTC at an average acquisition price of $71,902 per bitcoin. This addition elevates Strategy’s total cryptocurrency reserves to 780,897 BTC — positioning the firm less than 20,000 coins away from the symbolic 800,000 threshold.

Strategy Inc, MSTR

Cumulatively, Strategy has invested $59.02 billion in bitcoin acquisitions, resulting in an average cost basis of $75,577 per coin. With bitcoin currently valued slightly under $71,000, the company’s average purchase price remains approximately several thousand dollars above current market levels.

The recent acquisition was financed exclusively through STRC issuance — Strategy’s perpetual preferred equity instrument marketed under the “Stretch” brand. During this period, no shares of MSTR, STRK, STRD, or STRF were liquidated.

Record-Breaking STRC Issuance Activity

Data from STRC.live indicates that last week’s preferred stock issuance ranked as the second-largest in the instrument’s history — approximately triple the four-week rolling average. Following amendments to STRC sales protocols implemented in early March, issuance volumes have experienced substantial growth.

The $1 billion generated through STRC sales corresponded directly with the bitcoin acquisition amount, with net proceeds essentially matching the transaction’s notional value.

Strategy’s 2026 accumulation campaign has been particularly robust. The organization has added over 107,000 BTC year-to-date, representing one of the most intensive buying periods in the company’s operational history.

The timing of this acquisition coincided with significant market developments. Cryptocurrency markets experienced a surge early in the week following announcements of a US-Iran ceasefire agreement, with bitcoin recovering above $70,000 and temporarily exceeding $73,000. Nomura’s Laser Digital identified Strategy‘s purchasing activity as a contributing factor to this momentum, alongside $786 million in capital inflows to spot bitcoin exchange-traded funds.

First Quarter Digital Asset Valuation Gap Widens

Strategy disclosed $14.46 billion in unrealized losses on digital asset holdings for the first quarter of 2026. With the company’s average acquisition cost of $75,577 per coin exceeding current trading levels, the portfolio remains underwater on a mark-to-market basis.

The market rally proved short-lived. Ceasefire negotiations collapsed over the weekend without reaching consensus. An April 13 naval blockade announcement triggered bitcoin’s retreat toward $71,000.

Laser Digital analysts anticipate continued price volatility leading up to the ceasefire deadline.

MSTR equity declined more than 2.5% in pre-market trading Monday following the regulatory filing’s release.