Strategy Buys $1 Billion in Bitcoin, Now Holds 780,897 BTC
Summary
Strategy has solidified its status as the world's largest corporate Bitcoin holder by acquiring 13,927 BTC for approximately $1 billion. This purchase brings the company's total reserves to 780,897 BTC, representing roughly 3.8% of the global circulating supply. Executive Chairman Michael Saylor highlighted that the company's Bitcoin holdings need to grow by only 2.05% annually to cover preferred stock dividends indefinitely. Despite reporting $14.5 billion in unrealized losses in Q1 2026, the company continues its aggressive accumulation strategy, fueled by capital raises through its preferred stock offerings.
(Source:BeInCrypto)