Michael Saylor has signaled that the company is preparing to purchase more BTC after the asset pulled back from recent highs above $73,000. In a post on Sunday, Saylor shared Strategy’s purchase history chart and wrote “Think bigger,” a message often linked to upcoming acquisitions. The company has completed 105 Bitcoin transactions since 2020, consistently using debt and equity financing to expand its holdings.
The firm’s most recent purchase occurred on April 6, when it acquired 4,871 BTC for more than $329.8 million, bringing total holdings to approximately 766,970 BTC, valued at about $54.5 billion at current market prices.
Massive Holdings Despite Billions in Unrealized Losses
Strategy is currently holding Bitcoin at an average acquisition cost of around $75,644 per BTC, placing its portfolio below break-even at current levels. The company has reported nearly $14.5 billion in unrealized losses for Q1 2026, according to regulatory filings.
Despite this, Strategy continues accumulating BTC faster than new supply is mined. In March alone, miners produced roughly 16,200 BTC, while Strategy accumulated about 46,233 BTC, nearly three times the newly issued supply, raising speculation about a potential supply squeeze.
Bitcoin Supply Strategy and Market Impact
Saylor has argued that Bitcoin is increasingly viewed as “digital capital,” stating that traditional four-year cycles are less relevant as institutional capital flows drive price action. Strategy remains the largest corporate Bitcoin holder, far ahead of competitors such as Twenty One Capital, which holds around 43,514 BTC.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.