Key Takeaways
Michael Saylor’s Strategy (MSTR) is set to acquire more Bitcoin after announcing the purchase of 3,273 tokens for approximately $255 million on April 27, according to company filings. The planned purchase, announced May 3, continues the firm's aggressive accumulation strategy.
"We’re setting up a massive supply shock," Saylor said at the Bitcoin 2026 conference in Las Vegas, predicting that $20 billion to $100 billion in credit could flow into the asset in the next year while only $10 billion of Bitcoin is naturally available for sale.
The latest acquisition was executed at an average price of $77,906 per coin. Strategy’s total holdings now stand at 818,334 BTC, acquired for approximately $61.81 billion at an average price of $75,537 per coin. The purchase was funded through the sale of 1,451,601 MSTR shares.
The relentless buying is part of Saylor's larger vision to use a "digital credit" instrument to accelerate Bitcoin adoption and trigger a supply crisis. The firm reports it is achieving a 9.6% Bitcoin yield for shareholders by issuing stock and debt to increase its BTC holdings per share.
At the Bitcoin 2026 event, Saylor detailed the mechanism powering the accumulation: STRC, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock. He positioned the Nasdaq-traded instrument as a liquid, transparent alternative to private credit, designed to channel capital directly into Bitcoin.
The STRC instrument has raised $8.5 billion in notional value in nine months and financed the acquisition of approximately 77,000 BTC in 2026 alone, according to company data. Saylor argued this model makes Bitcoin an accessible treasury reserve asset for firms and, eventually, a high-yield savings vehicle for households.
Other firms are following Strategy's lead. Strive (ASST), led by Matt Cole, recently purchased 789 Bitcoin for $61.43 million, bringing its total to 14,557 BTC. This move shows growing professional investor conviction in the asset class.
The strategy contrasts with the views of other industry leaders like Jack Mallers, CEO of Twenty One Capital. Speaking at the same conference, Mallers criticized the "banking cartel" for charging high fees, arguing Bitcoin offers a superior alternative for merchants and consumers outside the traditional system.
This article is for informational purposes only and does not constitute investment advice.
