Bitcoin News: Michael Saylor Signals Bigger Buy as Strategy Adds 13,927 BTC for $1B

Key Insights:

• In recent Bitcoin News, Strategy bought 13,927 BTC for about $1 billion at an average price of $71,902, marking its fourth-largest weekly Bitcoin buy this year.
• The purchase was funded through STRC stock sales, while Strategy left its MSTR ATM unused and kept more issuance capacity for BTC buys.
• Bitcoin mining costs remain less exposed to oil shocks, as many miners use renewable or nuclear-linked power instead of oil-sensitive energy.

Strategy added another 13,927 BTC between April 6 and April 12 for about $1 billion, according to a filing released on April 13. The Bitcoin news said Strategy paid an average price of $71,902 per Bitcoin for the latest purchase. The new acquisition raised Strategy’s Bitcoin reserve to 780,897 BTC, acquired at an average price of $75,577. The update came as Bitcoin traded near $70,000 amid rising tensions in the Strait of Hormuz.

Bitcoin News: Strategy Expands BTC Position Again

The latest purchase ranks among Strategy’s largest weekly Bitcoin buys this year. The company disclosed that the acquisition was funded with proceeds from the sale of its STRC perpetual preferred stock. That structure has become a regular source of capital for Strategy’s Bitcoin purchases, while its common stock program remained unused during the reported period.

Michael Saylor signaled the move before the filing. He posted his usual acquisition tracker with the phrase “Think bigger,” which market participants often treat as an early sign of another purchase announcement. The company had already added 4,871 BTC in the first week of April for about $330 million, so the new filing showed an even faster pace of accumulation over the following week.

Funding Model and Balance Sheet Remain in Focus

Strategy said it sold 10,028,363 STRC shares for about $1 billion last week. As of April 12, the company still had $21.6 billion of STRC stock available for future issuance and sale under that program. It also said $27.1 billion remained available under its at-the-market common stock program, though no MSTR shares were sold during the latest reporting period.

The company’s capital plan remains tied to future Bitcoin purchases through 2027. Strategy has described its “42/42” plan as a target to raise $84 billion through equity offerings and convertible notes. It also expanded its ATM programs last month by adding more issuance capacity for MSTR, STRC, and STRK. That approach has kept Strategy at the center of the public company Bitcoin treasury model, even as valuation concerns continue to follow the stock.

Market Reaction and BTC Chart Pattern

Strategy’s Bitcoin reserve is now worth about $55.4 billion at recent market prices, while its aggregate acquisition cost stands near $59 billion, including fees and expenses. Based on those figures, the position still reflects a paper loss at current prices. The company also reported a $14.46 billion unrealized loss on its BTC holdings for the first quarter of 2026, showing the pressure created by BTC retreat from prior highs.

Analysts are also tracking how treasury firms are valued relative to their digital asset holdings. Bitcoin Treasuries data showed 195 public companies now use some form of Bitcoin acquisition model. At the same time, Strategy’s market cap-to-net asset valuation has compressed.

Earlier this month, Metaplanet expanded its Bitcoin treasury with a 5,075 BTC purchase worth about $405.48 million. The latest buy lifted the company’s total holdings to 40,177 BTC, moving it ahead of MARA among public corporate Bitcoin holders.

Strait of Hormuz Tensions Spare Bitcoin Mining Costs

Bitcoin mining entered the discussion from a different angle as oil prices rose after the U.S. move on the Strait of Hormuz. Reports on April 13 said Brent crude climbed to near $105 a barrel after President Donald Trump ordered a blockade tied to toll payments involving Iran. That development added pressure across global risk markets, including Bitcoin, which slipped back toward the $70,000 zone after peace talks failed.

Mining executives and industry researchers said oil prices are not the main cost driver for most Bitcoin miners. Cambridge research has found that more than 52% of global miners use renewable or nuclear-linked energy sources, while reliance on oil, gas, and coal has dropped since 2022.

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