Strategy Bitcoin Buy: Saylor Adds $255 Million In His Fourth Purchase This Month

Strategy acquired 3,273 Bitcoin for approximately $255 million on April 27, its fourth purchase in April 2026, lifting total holdings to 818,334 BTC worth roughly $63.7 billion.

Strategy acquired 3,273 Bitcoin for approximately $255 million on April 27, according to a Form 8-K filing with the US Securities and Exchange Commission. Yahoo Finance reported that the purchase was made at an average price of $77,906 per coin and funded entirely through the sale of 1,451,601 MSTR Class A common shares via the company’s at-the-market equity offering program. “As of 4/26/2026, we hodl 818,334 BTC acquired for approximately $61.81 billion at approximately $75,537 per bitcoin,” executive chairman Michael Saylor said on X.

The April 27 purchase is Strategy’s fourth acquisition in April alone. As crypto.news reported, the company added 34,164 BTC for $2.54 billion just the prior week between April 13 and April 19, its third-largest single purchase on record. That purchase used proceeds from both MSTR stock sales and issuances of STRC, its Stretch preferred stock. The latest $255 million buy diverges from that pattern, having been funded solely through MSTR common stock sales with no STRC component. Strategy’s 818,334 BTC represents 3.9% of Bitcoin’s fixed 21 million supply, a concentration that Saylor has consistently framed as a long-term structural bet rather than a trading position.

The Equity Funding Machine Behind Each Purchase

Strategy’s Bitcoin accumulation model operates through a continuous cycle of equity issuance. As crypto.news documented, the company purchased 17,994 BTC for $1.28 billion in early March 2026 using proceeds from 6.3 million MSTR shares sold and 3.7 million STRC shares issued. As of the April 27 filing, $26.47 billion in MSTR shares remain available under the current program, providing significant runway for continued accumulation without needing to raise new capital facilities. The company’s cumulative cost basis of $61.81 billion against a current market value of approximately $63.7 billion implies roughly $1.9 billion in paper gains at current Bitcoin prices near $77,000.

What Saylor’s Accumulation Pace Signals for Bitcoin Markets

As crypto.news tracked, Saylor argued in March that there is a systematic time delay between when Strategy buys Bitcoin and when markets price in the supply tightening that follows. Four April purchases totaling well over $3 billion in a single month represent one of the most concentrated accumulation periods in Strategy’s history, arriving precisely as Bitcoin tests multi-month highs above $78,000 and spot ETF inflows hit an eight-day streak. Whether the market reprices the compounding supply removal ahead of the FOMC meeting on April 28 and 29 will be the next near-term test of Saylor’s thesis.

Strategy has not announced any change to its long-term target of accumulating Bitcoin toward one million BTC, and Saylor’s Sunday tracker post carrying the phrase “the beat goes on” has become the company’s standard pre-announcement signal to markets.