<p><strong>Strategy Inc.</strong> (NASDAQ:MSTR) has purchased of 34,164 <strong>Bitcoin</strong> (CRYPTO: BTC) for $2.54 billion at an average price of $74,395 between April 13 and April 19.</p>



<h3>The Third-Largest Purchase</h3>



<p>Strategy’s latest acquisition brings total holdings to 815,061 BTC, acquired for approximately $61.56 billion at an average cost basis of $75,527. </p>



<p>With Bitcoin trading around $75,000, the position sits roughly breakeven.</p>



<p>The purchase ranks as Strategy’s third-largest on record and the biggest weekly acquisition since November 2024. </p>



<p>Michael Saylor gave his usual Sunday hint ahead of the announcement, sharing an update on Strategy’s Bitcoin acquisition tracker and stating “Think even bigger,” suggesting a more substantial purchase than the prior week’s 13,927 BTC.</p>



<h3>How It Was Funded</h3>



<p>The acquisitions were funded by $2.17 billion raised through sales of the company’s preferred stock STRC and $366 million from common stock offerings. </p>



<p>Strategy sold 2,165,000 MSTR shares and 21,795,389 STRC shares.</p>



<p>Strategy still has significant fundraising capacity left, including $26.7 billion available under its MSTR stock program and $19.46 billion through STRC offerings.</p>



<h3>The STRC Engine</h3>



<p>STRC is a preferred stock that pays monthly dividends and currently offers an annualized rate of 11.5%. The stock has become Strategy’s primary funding source for Bitcoin purchases in recent weeks.</p>



<p>Earlier in the week, STRC recorded a $1.1 billion trading day, up nearly 50% from its previous high.</p>



<p>Strategy proposed shifting STRC’s dividend payment schedule from once per month to twice per month to reduce reinvestment lag and enhance liquidity.</p>



<h3>The $162K Math</h3>



<p>If Bitcoin closes the year at $162,000—28.5% higher than the previous all-time high—and Strategy makes no additional BTC purchases, MSTR would have earnings per share of $166, equal to Friday’s closing stock price.</p>



<p>The <strong>S&amp;P 500 </strong>(NYSE:SPY) currently trades at an average P/E ratio of 28x, suggesting significant upside if Bitcoin reaches that level.</p>



<h3>The Chart Breakout</h3>



<figure class="wp-block-image size-large"><img width="1024" height="879" src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20092114/MSTR-price-moving-averages-chart-7-1024x879.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/20092114/MSTR-price-moving-averages-chart-7-1024x879.png"/></figure>



<p>Friday’s candle broke out of the descending wedge cleanly, clearing the 100 EMA at $164.32 in one session—a level that acted as resistance for weeks. </p>



<p>The SAR at $122.64 sitting far below confirms the daily trend has flipped.</p>



<p>Today’s premarket pullback is a Monday morning cooldown after Friday’s 11% surge.</p>



<p>Key support sits at $164.32 (100 EMA), then $140.38 (50 EMA). Resistance clusters at $180, then $207.57 (200 EMA), then $277.</p>



<p><em>Image: Shutterstock</em></p>

STRC

MARA

MSTR

<p>Strategy Inc. (NASDAQ:MSTR) has acquired 34,164 Bitcoin for $2.54 billion, raising its total holdings to 815,061 BTC. The purchase, funded by $2.17 billion from preferred stock sales and $366 million from common stock offerings, is the company's third-largest acquisition. With Bitcoin trading around $75,000, the position is roughly breakeven. Strategy's preferred stock, STRC, has become a key funding source, offering an 11.5% annualized dividend. If Bitcoin reaches $162,000, MSTR could see significant earnings per share growth. Key support levels for MSTR are at $164.32 and $140.38.</p>

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Strategy Buys 34,164 Bitcoin For $2.54 Billion: Will MSTR Rally?