Strategy has just purchased an additional 13,927 Bitcoin, worth approximately $1 billion, bringing its total Bitcoin holdings to 780,897 BTC, further solidifying its position as the world's largest Bitcoin holder.
The purchase was executed at an Medium price of $71,902 per Bitcoin, according to an announcement from Executive Chairman Michael Saylor on X. Thanks to this purchase, Strategy's total investment in Bitcoin has reached $59.02 billion , with an Medium purchase price of $75,577 per coin.
Currently, Strategy holds approximately 3.8% of the total circulating Bitcoin supply, far exceeding any other publicly listed company. For comparison, the next largest institution, Twenty One Capital, holds only 43,514 BTC.
Strategy only needs Bitcoin to increase by 2% annually to pay dividends.
Prior to the acquisition, Saylor revealed a remarkable financial metric: Strategy's Bitcoin portfolio only needs to grow by 2.05% annually to cover dividends on perpetual preferred stock without issuing any additional common stock.
“Our break- Capital rate with BTC is around 2.05% annually. If Bitcoin grows faster than this, we can pay long-term dividends without issuing additional MSTR shares,” said Saylor.
The company's statistics show dividend payout capacity for approximately 48.7 years at current reserves. This reinforces Saylor's argument for the long-term sustainability of this model. With a growth rate of only 2.05%, this figure is significantly lower than Bitcoin's past Medium annual returns.
Strategy primarily used Capital from STRCs, which are variable-rate Series A preferred stock currently paying 11.5% annual interest. These shares trade at approximately $100 in notional value and pay monthly interest in cash, directly funding subsequent Bitcoin purchases.
Strategy continues to buy more despite incurring unrealized losses of $14.5 billion.
The latest acquisition comes despite Strategy facing significant financial challenges. In Q1 2026, the company reported an unrealized loss of $14.5 billion from its digital asset portfolio, primarily due to a 20% drop in Bitcoin's price, falling below its Medium Capital of $75,577.
Nevertheless, Strategy has achieved a return of 5.6% on BTC since the beginning of 2026. This is an important indicator for evaluating the effectiveness of the strategy per share for this company.
This recent transaction followsSaylor 's familiar Sunday "signal" on X, with the words "Think Bigger" accompanied by the company's BTC accumulation chart. This has consistently been a harbinger of major Bitcoin buy announcements on Mondays since 2020.
Strategy: Buy three times the amount of BTC newly mined.
Since August 2020, Strategy has executed over 105 Bitcoin purchases, consistently accumulating quantities far exceeding the new supply.
In March 2026 alone, Strategy purchased nearly three times the total amount of BTC mined by Miners worldwide. While Miners created approximately 16,200 BTC, Strategy absorbed a staggering 46,233 BTC during the same period.
Currently, the total supply of all types of shares authorized for issuance on the market is valued at over $57 billion. This gives Strategy sufficient financial resources to continue buying.
The path to the one million Bitcoin milestone.
With this latest acquisition, Strategy is moving closer to a symbolic milestone: owning one million Bitcoin. Some experts predict the company could reach this goal as early as November 2026 if it maintains its current rate of purchases.
With investment rates around $2.3 billion per month and Bitcoin prices remaining around current levels, this figure is entirely feasible. However, the prerequisite remains a sound strategy for accessing Capital in the market.
Strategy's stock is currently trading at approximately 1.10 times its net asset value. This means investors are still paying a higher fee for each actual Bitcoin in their portfolio. Whether this fee will continue depends on Bitcoin price fluctuations and Strategy's ability to raise additional Capital through other financing programs.
To this day, Saylor's familiar message remains unchanged: think bigger.
