Strategy, the largest publicly listed Bitcoin holder, resumed purchases last week after pausing buys during the final week of March. The company added 4,871 BTC for $329.9 million, paying an average of $67,718 per coin—below its aggregate acquisition average of $75,644. The latest acquisition brings Strategy’s total holdings to 766,970 BTC, acquired for roughly $58 billion.
In first-quarter financial results, Strategy recorded a $14.46 billion unrealized loss on its digital assets and reported a $2.42 billion deferred tax benefit. Because Bitcoin’s fair value remains beneath its cost basis, the company recognized a $1.73 billion deferred tax asset tied to those unrealized losses and offset it with a $1.73 billion valuation allowance. Strategy said it expects to record an additional $0.5 billion valuation allowance against these deferred tax assets so long as Bitcoin trades below its cost basis.
Bitcoin dipped below Strategy’s average purchase price in early February—the first time that’s happened since late 2023. Despite that decline, the company has continued accumulating BTC: roughly 54,000 coins bought since Feb. 2, with some of the largest weekly purchases occurring in March and monthly net additions of 41,362 BTC. Total Bitcoin acquisitions in Q1 2026 amounted to 89,316 BTC for about $6.3 billion.
Strategy also revised its at-the-market (ATM) offerings. It announced a new $21 billion offering of STRC (Stretch) shares and a new $21 billion offering of Common A (MSTR) shares, terminated its prior STRK offering and launched a new $2.1 billion STRK offering. The stated figures reflect total remaining capacity under existing programs plus the newly added offerings; sales under the expanded STRC and MSTR capacity may begin once current capacity has been substantially used.
Between March 30–31, Strategy sold approximately 2.28 million STRC shares and 582,550 MSTR shares, generating about $299.3 million in net proceeds. From April 1–5 it sold an additional 1 million STRC shares and 593,294 MSTR shares, raising roughly $174.6 million.
The publisher notes that this report follows its editorial policy and encourages readers to independently verify the information.